Ogaden Oil/Gas sites.

[hanqadh]

And Goodbye

[Mad May]

Kill the indhayar again

[gedo_gurl]

I dont get it...are the Chinese back?

[hanqadh]

No there not back but some British/Canadian/US/Malaysian firms are lining up to get a peice making blank deals with Ethiopian goverment in reality they wont ever get started, the Chinese where there on behalf of another company in the first place.

Latest Firm taking a plunge into failure.

January 6, 2010 (LONDON) — The London based Tullow Oil, is expected to prospect oil in Ethiopia after a deal signed with the US SouthWest Energy which holds acreage in the Horn of Africa country.

According to the HIS International Oil Letter, a weekly news letter on oil industry, Tullow will explore oil in Ogaden basin in blocks 9a, 9, and 13. SouthWest Energy’s blocks cover a total area of approximately 29,000 sq. km in the north-east part of the Ogaden Basin.

The Ethiopian government believes that the Ogaden basin, which covers 350,000 sq km (135,100 sq miles), contains gas reserves of some 4 trillion cubic feet. Officials point to neighboring countries such as Sudan and Yemen as evidence there could be major oil deposits under Ethiopia’s deserts