Interesting report on Oil

[Somalistan]

http://www.cod.edu/people/faculty/yearman/somalia.htm

[Saraxnow]

Noting the bullish attitude of the American companies, Elmi said they all want the Hargesia exploration concession, as their geologists have concluded that it is the most likely site for a substantial find."

[DisplacedDiraac]

^ that is indeed interesting...

[samatar133]

Very interesting indeed.
i heard that Riyaale admisntration in 2008 asked Conocco for the release of the fully detailed scientific and explorational data they had collected in somaliland during their active years to which they unfortunately have refuced.

[SahanGalbeed]

I hope they do not find anything anytime soon . Look at Yemen it has /had oil yet is a poor country .
Inshallah when our foundations are rock solid then ....

[HaragWafi85]

Interesting. Thanks for posting it Somalistan.

[Methylamine]

That would interest the West in recognizing SL...

[Somalistan]

Concerning Conoco, Barrett's source "claims to have seen an internal document of Conoco (Somalia), which states that sites in the Garoe(garowe)-Las Anod area are capable of producing 300,000 barrels of oil per day. Conoco's drilling rig near Garoe is, we understand, technically outside the boundaries of former British Somaliland. However, if the presence of large quantities of oil is confirmed, the bulk of the Somali oilfield will probably lie under soil controlled by the SNM. A confirmed strike could pre-empt moves toward reconciliation by making it appear more likely to northerners that the 'Somaliland Republic' is a viable economic entity. It could also set off battles between clans for control of land where drilling is expected."

[Somalistan]

Interesting. Thanks for posting it Somalistan.

[Monk-of-Mogadishu]

Last line - Conoco sought an alliance with MJs, like ARAMCO in the 1930s wanted with the Saudis, damn I love our political game.