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Estimated 71 Billion Barrels...
bartum
#841 Posted : Wednesday, May 08, 2013 12:04:19 PM
Rank: Veteran

Joined: 8/11/2010
Posts: 1,011
Location: nairobi
Testing at the Ngamia-1
discovery is still in progress and the first
test, from a zone previously considered to
be non-productive and not included in
previous estimates of net pay, flowed at a
cumulative rate of 281 bopd.
Aguytrying
#842 Posted : Wednesday, May 08, 2013 12:50:29 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
@ycsun. nowadays I see you have ur ear on the ground in oil play.
I wish I could access these exploring companies, but the idea of dealing in another country is too complex. literally watching profits go away!
The investor's chief problem - and even his worst enemy - is likely to be himself
youcan'tstopusnow
#843 Posted : Wednesday, May 08, 2013 1:16:25 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Aguytrying wrote:
@ycsun. nowadays I see you have ur ear on the ground in oil play.
I wish I could access these exploring companies, but the idea of dealing in another country is too complex. literally watching profits go away!

Where do the complexities set in?
Uliza, labda unaweza saidiwasmile
GOD BLESS YOUR LIFE
youcan'tstopusnow
#844 Posted : Wednesday, May 08, 2013 5:00:43 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Tullow Oil Plc (TLW), the
U.K. explorer that found
Kenya’s first oil, plans to
secure partners to develop fields in the African nation as discoveries prove that
future crude exports are
viable.
Tullow together with partner Africa Oil Corp. (AOI) plans to drill about 10 wells in Kenya and Ethiopia this year to explore the Turkana Rift
Basin that stretches between the two countries. Tullow
plans to sell part of its stake in five licenses in Kenya, Chief Executive Officer Aidan Heavey said.
“It’s never been our
intention to stick with 50
percent all the way
through,” Heavey said today in London. “It’s too much for any company, even a major company.” If local roads were improved, Tullow
could start producing from Kenya now, possibly trucking crude to the refinery in
Mombasa, he said.


#HabariNdiyoHiyo
GOD BLESS YOUR LIFE
youcan'tstopusnow
#845 Posted : Wednesday, May 08, 2013 5:02:58 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Tullow Oil to Seek Kenya Partners as Finds Make Exports Viable
http://mobile.bloomberg....-viable.html?cmpid=yhoo
GOD BLESS YOUR LIFE
wanyee
#846 Posted : Wednesday, May 08, 2013 5:13:01 PM
Rank: Member

Joined: 7/17/2011
Posts: 627
Location: Mbui-Nzau, Kikumbulyu
"possibly TRUCKING crude to the refinery in
Mombasa, he said.">>>>>time to buy floated logistics company....Express Kenya?
youcan'tstopusnow
#847 Posted : Wednesday, May 08, 2013 5:35:22 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
wanyee wrote:
"possibly TRUCKING crude to the refinery in
Mombasa, he said.">>>>>time to buy floated logistics company....Express Kenya?


If trucking were to happen, I would imagine Civicon (TransCentury unit) would have a headstart on others as they already do work for Tullow
Check out the 'old' link below:
“Going forward we are
seeing increased activity from our oil and gas, mining and power clients across the region, particularly in eastern
Africa following the
significant discoveries of oil and gas, increasingly driving demand for our engineering services and power infrastructure products”, says the TransCentury’s half-year
results.
http://www.businessdaily.../-/2xo4xqz/-/index.html
GOD BLESS YOUR LIFE
wanyee
#848 Posted : Wednesday, May 08, 2013 5:44:38 PM
Rank: Member

Joined: 7/17/2011
Posts: 627
Location: Mbui-Nzau, Kikumbulyu
they had seen far these chaps...any security floated related firms >>G4S ..comes into mind..to guard the convoys
youcan'tstopusnow
#849 Posted : Wednesday, May 08, 2013 5:48:14 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
wanyee wrote:
they had seen far these chaps...any security floated related firms >>G4S ..comes into mind..to guard the convoys

G4S should not be given the job. Wataiba mafuta bana!Laughing out loudlyLaughing out loudlyLaughing out loudly

True, TransCentury waliona mbali sana by moving fast to work with Tullow. On trucking, it is speculation as of now.
GOD BLESS YOUR LIFE
mlennyma
#850 Posted : Wednesday, May 08, 2013 5:48:48 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Export will start earlier than expected.i dont want to imagine the nse hitting 7000pts
"Don't let the fear of losing be greater than the excitement of winning."
119 Pages«<8384858687>»
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