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Dr_Osman

Final Oil Drilling Equipment Lands in Bossaso

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Dr_Osman   

kajdes;768044 wrote:
Would that be a good idea? :-)

have u got pic fetish? it happened and the oil is being drilled january production starts early 2013 and mega-construction begins through-out the state while you sit there and watch from the sideline saying its not happening and theres thousands of barrels being exported daily!!! thats the way it will be

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Dr_Osman   

have u got pic fetish? it happened and the oil is being drilled january, production starts early 2013 and mega-construction begins through-out the state while you sit there and watch from the sideline saying its not happening and theres thousands of barrels being exported daily!!! thats the way it will be

 

Meanwhile in Somalia, Range Resources (LON:RRL) and Red Emperor’s (LON:RMP) upcoming drill campaign in the Puntland region is hotly anticipated among investors.

 

Work will focus on the Dharoor and Nugaal valleys which cover nearly 36,000 square kilometres and have been assessed to potentially contain 19 billion barrels of oil in place.

 

The two scheduled exploration wells could be a catalyst for the shares, according to analysts at Panmure Gordon.

just two wells will bring 300 million each and the amount land their working with 36000 kilometers which contain all-together in bari and nugaal 19 billion barrells of oil. We haven't even touched mudug or sool yet nor the offshore oil on the seaside which was recently signed over by farole son khadar in America nor the iron ore and gas potentials!!! The horizones look great

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Dr_Osman   

$19 billion x $100= 2 trillion. Puntland will get half 1 trillion and the other half the resource company, then the TFG will want some of the pie which is probably going to be either a 80-20 agreement or 60-40 agreement...If its 60-40 agreement puntland will get 60% of the 1 trillion or 600 billion..and if its 80-20 agreement puntland will walk away with 800 billion while the tfg gets 200 billion. I am suspecting it will be 60-40 agreement!!! So Puntland walks regardless 600 billion dollars in its revenue over the course of oil production. Plus there is other oil in mudug and sool and sanaag minerals plus offshore oil gas and iron ore after all the negiotation is said and done puntland will have trillions generated in revenue which will go into so many other industries to progress the state forward.

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Som@li   

And did u miss this news?

 

AFRICA OIL CONVOY TARGETED IN SEMI-AUTONOMOUS PUNTLAND, 3 DEAD

 

A Toyota truck which led a convoy by Africa Oil came under landmine attack, killing at least two officers and one soldier, and wounding 7 others, 40 km from Bosaso City. The convoy left Bosaso in the morning to deliver logistics and other material to an area, where Puntland forces and opposing militia fought earlier this year over mineral and oil exploration firms authorized by Farole administration and disliked by locals.

 

Although no one claimed responsibility of the latest attack, it has been expected since Puntland President, Abdirahman Farole pressed ahead with his oil production scheme in the semi-autonomous Puntland state. Area residents strongly oppose Puntland inviting foreign, predatory firms like Saracen International, Africa Oil, Range Resource, amongst the many smaller energy scavenging companies. These firms received free license to operate within Puntland. Local inhabitants took arms to defend their respective regions. At least, similar conflicts perpetuated by an illegal energy contracts caused loss of live and property in three areas during the past 5 years.

 

President Farole opposed his predecessor Adde Muse, when the later signed an oil deal with an Australian Firm, Range Resource in 2006. Farole, himself a naturalized Australian citizen has on the record denounced Adde Muse received cash hand outs from the then Range Resource. “It’s illegal to sign an undisclosed contract with a small company, unknown to us,…and its the job the minister of energy to negotiate such contract, President Adde is in clear violation of Puntland constitution,” Farole told an Australia based radio in 2006.

 

Abdirahman Farole was elected as president in 2009. During his presidential bid, he repeatedly promised strong reforms in many areas including ‘energy,’ in particular mineral and exploration rights. However, president Farole never fulfilled his commitments and brought more energy hunters to Puntland, an act people believe exposed Farole’s hypocrisy and deceit.

 

Today’s events remind us, Farole and sons sponsored firms and their militia recruited from Farole’s clan, will continue to suffer in the hands of the ferocious locals, lest Farole changes his aggressive tone and removes these missionary firms.

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Som@li   

And this..

 

Puntland Soldiers' Convoy Targeted in Bosaso

 

Four Soldiers Injured in Blast From Land Mine

By DAHIR AHMED HASSAN 12/14/2011

 

An explosion hit a convoy carrying Puntland soldiers in the port city of Bosaso, in Somalia's Bari region, today as it passed Nawawi School, officials said.

 

"It is true that a land mine targeted the vehicle, but there were not any casualties except for four of our soldiers who sustained injuries," Ali Farah Nuur, a Puntland official, told Somalia Report.

 

"We are investigating what caused the incident," added Ali Farah.

 

Other sources suggested the device was a remote controlled IED targeting an Africa Oil convoy, but local officials denied the oil company was targeted. Calls and emails to Africa Oil went unreturned.

 

Insecurity in Puntland has skyrocketed in the last several months with cases of assassinations, targeted grenade attacks, pirate fights, and clan clashes almost daily.

 

 

Puntland Email This Post

© Somalia Report 2011. All rights reserved. Republication or redistribution of Somalia Report content, graphics, photographs and web site image is expressly prohibited without the prior written consent from
.

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Somalia   

^^

 

 

600_ap_puntland_100819.jpg

 

Puntland forces attack al-Shabab in Somali mountains

 

Forces from Somalia's northern Puntland region have attacked a cell of al-Shabab militants, officials say.

 

Puntland President Abdirahman Sheik Mohamed says the security forces
killed 13 Islamist fighters after they attacked an army post near the commercial capital, Bosasso.

 

The mountain raid was the first time Puntland's forces have clashed with al-Shabab, analysts say.

The al-Qaeda-linked group controls much of southern and central Somalia.

 

At least two members of Puntland's security forces were also killed in the clashes in the mountains near Galgalo.

 

Puntland is semi-autonomous from the rest of Somalia but is allied to the embattled, UN-backed government in Mogadishu.

 

The Puntland authorities have recently rounded up and deported hundreds of young men in Bosasso and sent them to Mogadishu, accusing them of being al-Shabab sympathisers.

 

BBC News

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Naxar Nugaaleed;768119 wrote:
"final oil drilling equipment lands"... in others words a tree has fallen in the forest. seriously ops these kinds of articles should come with some images.

There are no images because it didn't happen it's just crazy propaganda aka fake news

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