Oil Exploration News

[waraabe]

Any offshore news?

 

[Deactivated]

This thread just went from a geological surveying to landing in the Qabil trash bin.

 

[merka]

This thread just went from a geological surveying to landing in the Qabil trash bin.

It will be cleaned up.

 

[Deactivated]

It will be cleaned up.

If Odewayne has more oil than Jubbaland, I'm claiming Samaroon and flying to Togdheer in 24hours.

 

[Foreman]

Drilling will commerce in Oodweyn block 2nd half of 2018

http://www.sterlingenergyuk.com/pdf/presentations/2017-09-04_Investor_Presentation.pdf





In other news Genel Energy has decided to raise the scope of acquisition by another 1000 km square for both blocks.

http://www.genelenergy.com/media/2105/genel-energy-h1-2017-results-presentation-final.pdf

 

[felloff]

How expensive is seismic surveys and why can't we fund it ourselves?

 

[felloff]

Somaliland is the only beacon of hope for Somali's across the country. Xamar has been busy bringing shame to the Somali name for the past 27 years +

The whole of the Somali peninsula is shit Somalinimo is the way forward but an adapted one

 

[Starscream]

@Duke of Bohol isn't this your oil?
You sharing with Siilanyo or nah

 

[Deactivated]

How expensive is seismic surveys and why can't we fund it ourselves?

Private equity culture is missing.

You guys suffer from the same Xoolonimo as we do.

 

[Bohol]

@Duke of Bohol isn't this your oil?
You sharing with Siilanyo or nah

Who said we are sharing it with the outgoing Siil-anyo. His relatives can keep munching on porcupine Lol. If there is oil in the area the people it will benefit the most will be Oodweyne/Western Togdheer residents aka the locals.


Furthermore this man (Mohammed Yusuf Gurey) has around 20% stake in Sterling Energy.

 

[felloff]

Private equity culture is missing.

You guys suffer from the same Xoolonimo as we do.

but hypothetically one could start funding for this with shares like pontus marine did for fishing

 

[Foreman]

but hypothetically one could start funding for this with shares like pontus marine did for fishing

Pontus Marine

How long its been now.... 4 years? they have nothing to show for. Waa skaaam!

 

[Deactivated]

but hypothetically one could start funding for this with shares like pontus marine did for fishing

You need private investors.

Fishing is cheaper to get off the ground and scale up, unlike oil and gas exploration that demands billions of investment just to from seismic to go from drilling and exporting.

Outsourcing seismic doesn't mean people are incapable of doing it their own, just economically not feasible within an infant industry.

Same thing happened in Puntland, where outsourcing took place because it costs a fraction of doing it yourself. However once you start drilling, you definitely want the culture of public and private investing to increase because it's vital in protecting your supply chain.

 

[felloff]

Pontus Marine

How long its been now.... 4 years? they have nothing to show for. Waa skaaam!

focking habar yonis man real 419ers

 

[felloff]

You need private investors.

Fishing is cheaper to get off the ground and scale up, unlike oil and gas exploration that demands billions of investment just to from seismic to go from drilling and exporting.

Outsourcing seismic doesn't mean people are incapable of doing it their own, just economically not feasible within an infant industry.

Same thing happened in Puntland, where outsourcing took place because it costs a fraction of doing it yourself. However once you start drilling, you definitely want the culture of public and private investing to increase because it's vital in protecting your supply chain.

they 10.000 somali plan is useful could restart somalita and somali airways with that maybe more stuff. Yh oil is hard but airlines is a gold mine too Turkish makes a killing of Mogadishu

 

[Deactivated]

they 10.000 somali plan is useful could restart somalita and somali airways with that maybe more stuff. Yh oil is hard but airlines is a gold mine too Turkish makes a killing of Mogadishu

Focus on Somaliland.

 

[felloff]

Focus on Somaliland.

If you see my dp i am no longer a lander but a Somaliweyner, somaliland is to me what wales is to welsh people I will marry one of the 4 major qabils and spread my theology along

 

[Mokillem]

If you see my dp i am no longer a lander but a Somaliweyner, somaliland is to me what wales is to welsh people I will marry one of the 4 major qabils and spread my theology along

Welcome back saxib

 

[felloff]

Welcome back saxib

I believe in somaliland independence tho

 

[Foreman]

Exploration has been complete in Oodweyne, moving forward to Caynaba.