What is the result of oil exploration in Puntland?

[SOMALIKNIGHT]

I remember reading some news articles about oil exploration in Puntland some years ago? What is the status of it?

 

[Farm]

It was cancelled after the FGS refused for us to explore and claimed our oil.


http://www.oilnewskenya.com/africa-energy-withdraws-puntland-somalia-blocks/

 

[Ridwan779]

I remember reading some news articles about oil exploration in Puntland some years ago? What is the status of it?

I think the FGS blocked all deals before. But they signed the oil sharing agreement recently so there should be some progress soon.

 

[GBTarmy]

They found water not oil.

They did find oil though...

 

[Von]

They found water not oil.

Link? and how much water?