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RED EMPEROR RESOURCES: SPUDDING OF WELL ALL SET IN PUNTLAND
Posted: Wed Oct 26, 2011 2:31 pm
by tightrope
TUUG-FG CAN KICK ROCKS!
Red Emperor Resources says spudding of milestone well in Puntland all set
10:50 am by Giles Gwinnett
The spudding of the first well for 20 years in Puntland, Somalia, is set to go ahead in Q4 this year, Red Emperor Resources (LON:RMP, ASX:RMP) announced.
In the quarter to September 30, the operator of the Puntland project - Africa Oil Corp - signed the landmark drilling contract with Sakson Drilling and Oil Services and everything is in place to allow for the spudding during the fourth quarter, the firm said today.
The company also told investors that in the September quarter, its joint venture partner MetalBank Ltd, had released initial results from the second phase of geochemical soil sampling at the Jillewarra project in Western Australia.
This sampling had defined three potential targets, the firm added.
The spudding of the first well in Georgia - the Mukhiani-1 - took place during the quarter and operations have continued at the Georgian project.
As at October 2011, the well had reached a depth of 1544 meters with a proposed target depth of 3500 meters.
The firm said that a full suite of wireline logs had been recorded at the well and "valuable information" had been obtained from sidewall cores.
Re: RED EMPEROR RESOURCES: SPUDDING OF WELL ALL SET IN PUNTL
Posted: Wed Oct 26, 2011 3:08 pm
by gemini07
inb4 southies start hating.
Re: RED EMPEROR RESOURCES: SPUDDING OF WELL ALL SET IN PUNTL
Posted: Wed Oct 26, 2011 4:04 pm
by Cinque Mtume
The spudding of the first well for 20 years in Puntland, Somalia, is set to go ahead in Q4 this year, Red Emperor Resources (LON:RMP, ASX:RMP) announced.
To our Haters: this shit burns doesn't it!
Re: RED EMPEROR RESOURCES: SPUDDING OF WELL ALL SET IN PUNTL
Posted: Wed Oct 26, 2011 5:20 pm
by tightrope
The spudding of the first well for 20 years in Puntland, Somalia, is set to go ahead in Q4 this year, Red Emperor Resources (LON:RMP, ASX:RMP) announced.
To our Haters: this shit burns doesn't it!
Re: RED EMPEROR RESOURCES: SPUDDING OF WELL ALL SET IN PUNTL
Posted: Wed Oct 26, 2011 5:22 pm
by FBISOMALIA
Re: RED EMPEROR RESOURCES: SPUDDING OF WELL ALL SET IN PUNTL
Posted: Wed Oct 26, 2011 5:30 pm
by Cinque Mtume
Re: RED EMPEROR RESOURCES: SPUDDING OF WELL ALL SET IN PUNTL
Posted: Wed Oct 26, 2011 5:49 pm
by tightrope
WE SHOULD FIRST USE THE OIL MONEY TO EXPAND BOSASO PORT AND BUILD A NEW PORT IN ONE OF INDIAN OCEAN TOWNS(EYL OR GARACAD) AND GENERATED
HUNDREDS OF MILLIONS IN REVENUE!
OUR NATION NEEDS TO TAKE ADVANTAGE OF OUR GEOGRAPIC LOCATION. PUNTLAND IS ONLY SOMALI REGION THAT FACES THE GULF OF ADEN AND INDIAN OCEAN.
INSHALLAH WE WILL BECOME THE SINGAPORE OF AFRICA!
Re: RED EMPEROR RESOURCES: SPUDDING OF WELL ALL SET IN PUNTL
Posted: Wed Oct 26, 2011 9:06 pm
by CismanMaxamud1
Re: RED EMPEROR RESOURCES: SPUDDING OF WELL ALL SET IN PUNTL
Posted: Wed Oct 26, 2011 9:18 pm
by tightrope
^^NICE AVATAR
Re: RED EMPEROR RESOURCES: SPUDDING OF WELL ALL SET IN PUNTL
Posted: Wed Oct 26, 2011 9:27 pm
by gemini07
Re: RED EMPEROR RESOURCES: SPUDDING OF WELL ALL SET IN PUNTL
Posted: Wed Oct 26, 2011 9:35 pm
by XaliimoFarax
You guys are funny with ur pictures.
Re: RED EMPEROR RESOURCES: SPUDDING OF WELL ALL SET IN PUNTL
Posted: Wed Oct 26, 2011 9:39 pm
by tightrope
Re: RED EMPEROR RESOURCES: SPUDDING OF WELL ALL SET IN PUNTL
Posted: Wed Oct 26, 2011 9:40 pm
by CismanMaxamud1
Re: RED EMPEROR RESOURCES: SPUDDING OF WELL ALL SET IN PUNTL
Posted: Wed Oct 26, 2011 9:44 pm
by gemini07
is he spitting dollar bills at the southies?
Re: RED EMPEROR RESOURCES: SPUDDING OF WELL ALL SET IN PUNTL
Posted: Wed Oct 26, 2011 9:46 pm
by tightrope
is he spitting dollar bills at the southies?
HE'S VOMITTING ONE DOLLAR BILLS AT THEM!
