Ashraf
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Banks and Oil Companies Nationalized by Somalia (Published 1970)
Govt nationalizes all foreign banks; says compensation will be paid

Gulf to Seek Oil in Somalia (Published 1962)
Gulf Oil subsidiary gets permission to explore on 32 million acres in SW

NEW SOMALIA OIL FIND; Sinclair Unit Opens Up a Small Producer (Published 1961)
Sinclair Somal repts find, Mogadiscio area

U.S. Concern Obtains Somalia Oil Concession (Published 1957)

Sinclair Quits Ethiopia (Published 1957)
Sinclair Oil has new concession; moves in equipment

DRILLING IS STARTED AT SOMALIA FIELDS (Published 1956)
Sinclair starts test-well drilling on 56-million-acre concession

DESERT OIL PACT SIGNED; U.S. Company to Begin Research in Somalia Side of Ogaden (Published 1952)
Sinclair Somal Corp signs exploration pact
if anyone has a subscription to NYT, hereβs some articles I found relating to oil in the Somali peninsula. Dates back to the 1950s, interestingly enough we had oil companies operating which siad nationalised. Did this move delay extraction?
If yβall got any info drop it down below