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Estimated 71 Billion Barrels...
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hisah
#571 Posted : Monday, November 26, 2012 10:06:41 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Olu wrote:
[quote=hisah]The oil vultures. KE is learning fast. I'm impressed. To secure revenues, gok will have to deal decisively with the paper vultures/speculators.

http://www.businessdaily...0/-/htxsjo/-/index.html[/quote]


As put out in the article, under what law is the Kenya Govt operating? Capital gains as we know it isnt applicable in this. These goons may make good their threat and sue the Govt.

Oil biz is more of politics. Both need each other to mint money.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Mainat
#572 Posted : Monday, November 26, 2012 10:55:13 AM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
Tullow just confirmed Twiga is better than Ngamia. Let me get $15 for my AOI shares.
Sehemu ndio nyumba
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MoneyMonger
#573 Posted : Monday, November 26, 2012 11:06:26 AM
Rank: Member

Joined: 4/25/2012
Posts: 110
Mainat wrote:
Tullow just confirmed Twiga is better than Ngamia. Let me get $15 for my AOI shares.


Link please!
There is nothing as dangerous as an Idea, when there is only one Idea
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MoneyMonger
#574 Posted : Monday, November 26, 2012 11:14:47 AM
Rank: Member

Joined: 4/25/2012
Posts: 110
MoneyMonger wrote:
Mainat wrote:
Tullow just confirmed Twiga is better than Ngamia. Let me get $15 for my AOI shares.


Link please!


Ooops got it!
There is nothing as dangerous as an Idea, when there is only one Idea
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hisah
#575 Posted : Monday, November 26, 2012 2:59:00 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Link here - http://goo.gl/AKFB7

MorganStanley wrote:
"The well results to date reaffirm the basin’s multi- billion barrel size and supports our belief in the region’s transformational potential on Tullow," said Jamie Maddock, an analyst at Morgan Stanley in London. He rates the stock overweight.


There is the multi-billion barrel reference again...

Will the locals be able to keep up with the bucket-loads of hot money about to land. An outpricing like what has happened in Mongolia's financial space is coming soon!?
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah
#576 Posted : Monday, November 26, 2012 3:01:14 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Mainat wrote:
Tullow just confirmed Twiga is better than Ngamia. Let me get $15 for my AOI shares.

I hope you are adding to my goats tally smile
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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murchr
#577 Posted : Monday, November 26, 2012 6:43:51 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
hisah wrote:
Mainat wrote:
Tullow just confirmed Twiga is better than Ngamia. Let me get $15 for my AOI shares.

I hope you are adding to my goats tally smile


Massive selling in Canada. It has hit 8.86 as i type here. The 30m Net pay is really causing ripples but there is a 786meters of hydrocarbons that most people are not seeing. Time to buy i must say.
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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bigbossman
#578 Posted : Monday, November 26, 2012 9:34:10 PM
Rank: Member

Joined: 1/14/2012
Posts: 201
Location: nairobi
murchr wrote:
hisah wrote:
Mainat wrote:
Tullow just confirmed Twiga is better than Ngamia. Let me get $15 for my AOI shares.

I hope you are adding to my goats tally smile


Massive selling in Canada. It has hit 8.86 as i type here. The 30m Net pay is really causing ripples but there is a 786meters of hydrocarbons that most people are not seeing. Time to buy i must say.

what's in that 786 metres, oil, gas or oil and gas?
LIFE IS SO GOOD
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  | | Edit by user: Monday, November 26, 2012 9:35 PM | Reason: Not specified
murchr
#579 Posted : Tuesday, November 27, 2012 7:04:24 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
bigbossman wrote:
murchr wrote:
hisah wrote:
Mainat wrote:
Tullow just confirmed Twiga is better than Ngamia. Let me get $15 for my AOI shares.

I hope you are adding to my goats tally smile


Massive selling in Canada. It has hit 8.86 as i type here. The 30m Net pay is really causing ripples but there is a 786meters of hydrocarbons that most people are not seeing. Time to buy i must say.

what's in that 786 metres, oil, gas or oil and gas?


Each is a possibility, could be gas...or more probably oil...if its oil then that will make it 800M Net oil pay...
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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hisah
#580 Posted : Tuesday, November 27, 2012 7:27:06 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
@murchr - I saw an FT blog post yesterday that said the find at Twiga was disappointing. The huge selloff is welcome with Papai prospects to be known before end of Dec 2012. Ethiopia is still to come as well as offshore.
I welcome such huge selloffs aka shakeouts smile
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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