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National Oil Corporation NOCK LPO
Pesa Nane
#1 Posted : Friday, December 01, 2017 11:48:35 AM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
@Realtreaty, your dreams are valid
Pesa Nane plans to be shilingi when he grows up.
Pesa Nane
#2 Posted : Friday, December 01, 2017 11:52:18 AM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Quote:
Kenyans to buy Turkana oil blocks in Sh103bn IPO

Kenyan taxpayers will have a chance to buy back up to a 35 per cent stake in the two Turkana oil blocks with the bulk of the country’s reserves using the proceeds of a planned initial public offering of State-owned National Oil Corporation (NOCK) shares on the Nairobi and London stock exchanges.
The government is planning to raise up to $1 billion (Sh103 billion) from the dual listing expected in early 2019, with NOCK having advertised for a consultant to guide the deal.
Petroleum principal secretary Andrew Kamau told the Business Daily that the contract for the concession of oil blocks to existing operators has a clause allowing the government to exercise a back-in right, which essentially means buying back a percentage of the ownership before production kicks in.

Pesa Nane plans to be shilingi when he grows up.
Iganamagana
#3 Posted : Friday, December 01, 2017 11:52:55 AM
Rank: Veteran


Joined: 3/27/2009
Posts: 1,437


Anything in this oil pipeline? This has a lot of potential. It will be better once the Government reduces it's control.
Pesa Nane
#4 Posted : Friday, December 01, 2017 11:58:36 AM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Iganamagana wrote:


Anything in this oil pipeline? This has a lot of potential. It will be better once the Government reduces it's control.


Quote:
Last month, the government signed an agreement with Tullow to build an 865-kilometre pipeline linking the Turkana oil fields to Lamu port at a cost of Sh210 billion. The pipeline will enable the country to pump out about 100,000 barrels a day.

Pesa Nane plans to be shilingi when he grows up.
Iganamagana
#5 Posted : Friday, December 01, 2017 12:06:47 PM
Rank: Veteran


Joined: 3/27/2009
Posts: 1,437
Looks like good news all over. If well packaged, I am in.
Angelica _ann
#6 Posted : Friday, December 01, 2017 7:52:03 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,908
Ruto's docket smile smile smile
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
VituVingiSana
#7 Posted : Monday, December 04, 2017 9:49:46 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,110
Location: Nairobi
The 2022 election campaign has to be funded somehow...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#8 Posted : Monday, December 04, 2017 3:19:54 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,699
Location: NAIROBI
VituVingiSana wrote:
The 2022 election campaign has to be funded somehow...



Tano tena tuko strong
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
VituVingiSana
#9 Posted : Monday, December 04, 2017 3:48:57 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,110
Location: Nairobi
Ericsson wrote:
VituVingiSana wrote:
The 2022 election campaign has to be funded somehow...



Tano tena tuko strong

Korruption Kumi
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#10 Posted : Tuesday, December 05, 2017 4:09:24 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,699
Location: NAIROBI
..
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
maka
#11 Posted : Tuesday, December 05, 2017 4:35:42 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Ericsson wrote:
http://www.businessdailyafrica.com/news/counties/Nairobi-deal-AEA-Limited-TransCentury-repair-roads/4003142-4215518-3lanno/index.html

Tano tena and kazi iendelee


Seen the video on twitter... Well................
possunt quia posse videntur
Angelica _ann
#12 Posted : Tuesday, December 05, 2017 4:54:05 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,908
maka wrote:
Ericsson wrote:
http://www.businessdailyafrica.com/news/counties/Nairobi-deal-AEA-Limited-TransCentury-repair-roads/4003142-4215518-3lanno/index.html

Tano tena and kazi iendelee


Seen the video on twitter... Well................


So how does this fit here, niko lost jameni?
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
obiero
#13 Posted : Tuesday, December 05, 2017 5:35:21 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,521
Location: nairobi
Angelica _ann wrote:
maka wrote:
Ericsson wrote:
http://www.businessdailyafrica.com/news/counties/Nairobi-deal-AEA-Limited-TransCentury-repair-roads/4003142-4215518-3lanno/index.html

Tano tena and kazi iendelee


Seen the video on twitter... Well................


So how does this fit here, niko lost jameni?

Let's meet tomorrow I explain

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
The Great
#14 Posted : Tuesday, December 05, 2017 6:29:22 PM
Rank: Member


Joined: 9/9/2015
Posts: 233
Wapi
"Buy when there's blood in the streets, even if the blood is your own."
Fyatu
#15 Posted : Friday, December 08, 2017 12:56:43 PM
Rank: Veteran


Joined: 1/20/2011
Posts: 1,820
Location: Nakuru
Kenyans of goodwill should RESIST this move because it smells to the high heavens.....These mercenaries will shaft taxpayers thoroughly. These two fellas must be the ones selling the blocks back

LINK


I have updated the link to show the investigations from the top....Kama hauoni basi angalia hapa chini...RESIST!

LINK
Dumb money becomes dumb only when it listens to smart money
murchr
#16 Posted : Friday, December 08, 2017 7:43:16 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
Fyatu wrote:
Kenyans of goodwill should RESIST this move because it smells to the high heavens.....These mercenaries will shaft taxpayers thoroughly. These two fellas must be the ones selling the blocks back

LINK


I have updated the link to show the investigations from the top....Kama hauoni basi angalia hapa chini...RESIST!

LINK


How are the fellas connected to NOCk or Tullow?

35% up for grabs for Tullow's block 10BB and 13T.

10BB these are the blocks that are confirmed to have over 1B barrels of oil.


"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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