Summary Australia's Range Resources and Canadian partner Africa Oil say they are close to finalizing amended contract terms for their two oil blocks in Somalia's Puntland region...

Originally posted by S*S: 2000-2009 could be jan2000 - jan2009 for all i know - to express it as a decade you'll have to write it as 00s. get it? Adeer you are digging yourself a bigger hole. As for you let me teach you a quote I heard once.. "those who can, do; those who can't, teach" Thus go teach the kids, what a decade is.

^^^lool. You sound desperate adeer, we know you don’t have a clue about anything, and I feel sorry for the children you teach, I hope they can at least fathom 2000-2009 is a decade. Now don’t ruin the post and edit your angry drivel.

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Sawir Muujinaaya Wiilkii La Sheegay in uu Isku qarxiyey Hotel Shaamow December 16, 2009 Kadib markii uu dhacay qaraxii Hotel Shaamow 3.12.2009 ayaa waxaa ciidanka Dawladdu soo bandhigeen nin ay ku sheegeen in uu yahay ninkii qaraxa geystey, kadib waxaa dhexyaacay saxaafadda sawiradiisa. sirdoonka dawladda Denmark ayaa sheegtay in ninkaasi uu ka tegay dalka Denmar isaga oo deganaa tan iyo markii uu jirey 5 sano, waxaana uu sanadkii hore 2008 dhamaadkiisi sii watay xaaskiisa iyo cunug uu dhalay. Aabaha dhalay Cabdiraxmaan ayaa sheegay in aysan macquul ahayn in wiilkiisu uu sameeyay falkii naxdinta lahaa isla markaasna sheegay in wiilkiisa lagu casumay xafladda uuna ka mid ahaa dadkii dhibanayaasha ahaa. Ciidanka Dawladda ayaa sheegay in ninkaani qabay Jalbaab iyo indhoshareer markii uu qaraxa samaynaayey taas oo uu ku soo galay xafladda isaga oo ay dhexda kaga rakibantahay aaladaha qarxa ama jaakada qaraxa loo isticmaalo.

Originally posted by Karaar Aadan Ruukoow: Ambition alone is not enough. Obviously you are not short in that, but one with the capability would not have confined himself to tiny clan enclave. Adeer let me correct you; Puntland state of Somalia covers an area more than 1/3 of Somalia, with 50% of the coastline of the longest coastline in Africa. It’s comparable in size to Great Britian or France. It is underdeveloped and poor yes, but tiny? I don’t think so. I think the voice that told you Puntland was tiny, should be ignored next time. My quest is a strong Puntland as a springboard to the restoration of the Somali republic. Your quest is to destroy Puntland because you feel your clan is inadequate and weak.

^^^No SOL is my favourite site and its not deserted. Anyhow must dash....

^^^Adeer no one is blaming the community of Bay & Bakool in Puntland, and also Puntland hosted these people and welcomed them, thus there should be no need for them to partake in such criminal activities, which some have done.

Range Resources Corp. (NYSE:RRC) soars 8.74% to $47.17 on 2.45 million shares after the company announced that Range, Africa Oil Corp. and the Puntland State of Somalia have entered into amending agreements modifying the terms of the existing Production Sharing Agreements (PSAs) made in respect of the Dharoor and Nugaal Valley Exploration Areas. In consideration of the extension of the exploration period, the parties agreed to voluntarily relinquish 25% of the original agreement area on or before 17 January 2010. Upon Parliamentary ratification, Africa Oil plans to immediately commence operations with intent to spud the first exploration well by mid-2010.

A Glimpse into East Africa’s Natural Resources In a 1991 a World Bank coordinated study intended to encourage private investment in the petroleum potential of eight African nations, Somalia and the Sudan topped the list of potential commercial oil producers. Puntland, remains one of the last under-explored regions that have high potential for vast reserves of hydrocarbons. During the late 1980’s the State was divided into a number of concessions for oil exploration. Significant exploration was undertaken but this effectively ceased due to political instability that arose in 1991. However, there exploration activities have never ceased for good. For example Australian exploration company Range Resources LTD. has been conducting studies on the mineral resources of the region during 2006 with a team of geologists based in Bosasso on the northern coast. The geological work has identified the potential of large silver rich lead zinc deposits analogous to the Jabali deposit in southern Yemen. The agreements that Range Resources has entered was followed by intense negotiations between the Parties and their legal advisors. As part of this process the Parties have satisfied themselves that all previous mining concessions have lapsed. The government of the semi-autonomous Puntland province has given Range Resources of Australia and Canmex Minerals of Canada joint E&P rights in parts of the region. The exploration period of its Somalia oil projects have been extended from 36 months to 48 months with the Somalian authorities, this is positive news as both sides see a reason to continue exploration in the area.

JB are you having an S*S moment as well? Onshore Puntland Interest: Range – 20% Africa Oil Corp – 65% Lion Energy Inc – 15% Is it the word interest that is causing the confusion?

Originally posted by Che -Guevara: Waraa macalinka ka xishood S*S will be treated as he treats others, a teacher who does not undertsand that 2000-2009 is a decade, has no place opening his mouth as if he has some insight on anything..

Lion Energy Corp. is a well financed Canadian exploration company based in Vancouver, BC, that is focused on acquiring, exploring and developing oil and gas reserves in Central & East Africa. Lion Energy initially partnered with Africa Oil Corp., a Canadian oil and gas exploration company with assets in Kenya, Somalia and Ethiopia, and a member of The Lundin Group of Companies. Lion Energy has agreements with African Oil for entry into the production sharing agreements (PSAs) on blocks in Republic of Kenya and the State of Puntland, Somalia. The Company also holds several strategic investments in Potash, Sulphur Fertilizer and Uranium. Lion Energy's shares are listed on the TSX Venture Exchange under the symbol "LEO

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^^^You need to figure out how long a decade is before you even start thinking about such complex transactions as oil exploration.

Originally posted by Karaar Aadan Ruukoow: I hear Ilka-jiir is on the brink too. you do not support the Shariif Government because you lost your ambassadorial post? Is personal ambition shaping your political position? You hear far too many voices in your head, its amusing that these voices tell you what you want to hear at all times and you use them as factual evidence to present to people. Get some help lad, and its not personal. As for the Ambassadorial position, I am far to ambitious and young to have taken such a post even if offered by Yey, let alone a hostage in Villa Somalia.

^^^It matters not, those behind it will lose, Puntland is not Mogadishu where these criminals were housed, fed and defended.

I don’t even know how that is of any relevance to you? Remmeber the Makhiri’s are founders of Puntland and as such are no different to any other community, thus your futile attempt here and silly wishes will not change the realities on the ground. Go speak to Gen Ilka-Jiir, or Garad Ali Ciid, about the communities position, or go jump of a cliff.

Range Resources Limited (“Range” or “the Company”) is pleased to announce that Range, Africa Oil Corp. and the Puntland State of Somalia have entered into amending agreements modifying the terms of the existing Production Sharing Agreements ("PSAs") made in respect of the Dharoor and Nugaal Valley Exploration Areas. The revised agreements were signed by the parties in Garowe, Puntland, subsequently approved by the Cabinet of the Puntland Government and are still subject to ratification by the Parliament of the Puntland State of Somalia which is scheduled for this week commencing 14 December 2010. With the conclusion of the negotiations and the execution of the amending agreements, the PSAs, as amended, now provide for initial exploration periods in respect of both blocks that have been extended from 36 months to 48 months with a revised expiry of 17 January 2011. In addition, the terms of the exploration programs have been amended so that Africa Oil can, at its option, drill one exploratory well in each of the Nugaal and Dharoor Valley Exploration Areas, or two exploratory wells in the Dharoor Valley, during the initial exploration period. In consideration of the extension of the exploration period, the parties agreed to voluntarily relinquish 25% of the original agreement area on or before 17 January 2010. Upon Parliamentary ratification, Africa Oil plans to immediately commence operations with an intent to spud the first exploration well by mid-2010. Onshore Puntland Interest: Range – 20% Africa Oil Corp – 65% Lion Energy Inc – 15%

Range and Puntland State of Somalia amend PSA's - first drilling to occur by mid-2010 Key points: - Range, Africa Oil Corp. and the Puntland State of Somalia have entered into amending agreements modifying the terms of the existing Production Sharing Agreements ("PSAs") made in respect of the Dharoor and Nugaal Valley Exploration Areas, - In consideration of the extension of the exploration period, the parties agreed to voluntarily relinquish 25% of the original agreement area on or before 17 January 2010, - Upon Parliamentary ratification, Africa Oil plans to immediately commence operations with an intent to spud the first exploration well by mid-2010, and

Originally posted by Karaar Aadan Ruukoow: Fame or no fame, You have no issues with secessionists alone. As far as I understand with Sheikh as well. With ONLF, with Galmudug and soon with Makhiiri's. I hear the Suldan is already in Hargeisa. You are indeed a simple man, adeer first of all don’t try and divide a single family, Makhiri’s are key players in Puntland and thus your desperate and weak calls to divide the family is laughable and highlights your weak stratagem. How does Hargaysa gaining advantage if any over Garowe benefit you? Like I have stated, you are no enemy of Puntland, or should I paraphrase it, you [ONLF]my dear lad are so weak you could not be an enemy of Puntland.

^^^I am the General adeer,I make valid suggestions you are a mouthpiece of Mugger Riyaale, spot the difference.