.

Just wonder what will happen to rmp if the two interests are proved and sold on. May partner range in future or go it alone.

Tangiers petroleum 46th oil barrel conference 8th Sept 2011
25 mins and 30 secs talks about range, we have not heard the last of Tangiers petroleum imho

http://youtu.be/gaugTkhZ7tQ

Pete interview, 9.20mins into the interview about Georgia. He seems quite confident.




http://youtu.be/_e0X2ZLOCFY

The Australian index fell 1% with worries over Europe/Greece
RRL down 5.26% on ASX

AFRICA OIL ANNOUNCES DENOVO TRANSACTION CLOSED

September 20, 2011 - Africa Oil Corp. (AOI TSXV, AOI - NASDAQ OMX) (Africa Oil or the Company) is pleased to report that its has closed its previously announced transaction (the Transaction) with Denovo Capital Corp. (Denovo) pursuant to which Denovo has acquired all of the issued and outstanding shares of Canmex Holdings (Bermuda) I Ltd. (Canmex). Prior to the closing, Denovo effected a consolidation of its share capital on the basis of 0.65 new shares for each old share, and changed its name to Horn Petroleum Corporation (Horn).



Canmex, which was formerly a subsidiary of Africa Oil, holds a 60% interest in the production sharing agreements for the Dharoor Valley Exploration Area and the Nugaal Valley Exploration Area in Puntland, Somalia. In consideration for the shares of Canmex, Africa Oil received 27,777,778 post-consolidation shares of Horn. Africa Oil also acquired 11,111,111 post-consolidation shares and 11,111,111 post-consolidation share purchase warrants in the Horn private placement and holds a 51% interest in Horn.

Africa Oil maps out exploration venture with Denovo
2011-09-21 11:01 (UTC)

http://bit.ly/rjs4MX

NAIROBI, Sept 21 (Reuters) - Canada's Africa Oil Corp has agreed with Denovo Capital Corp to create an oil explorer focused on the semi-autonomous Puntland region in Somalia, the Vancouver-based company said.

They have formed Horn Petroleum Corp after the acquisition of all issued and outstanding shares of Canmex Holdings by Denovo. Horn Petroleum shares are due to start trading in Vancouver on Sept. 23.

Canmex, formerly a subsidiary of Africa Oil, holds a 60 per cent interest in production-sharing agreements for the Dharoor Valley exploration area and the Nugaal Valley exploration area in Puntland.

Africa Oil said it has a 51 percent stake in Horn Petroleum.

In August, Africa Oil said it had signed a contract for a drilling rig for two exploration wells it plans to sink in Puntland with its partners, adding it had awarded a contract to Sakson Drilling and Oil Services for a 1,500 horsepower rig.

This year, Africa Oil said it planned to drill up to eight exploratory wells in blocks it holds interests in across east Africa, two of which will be in Puntland.

The two wells will be drilled in the Dharoor Valley block, in which it has a partnership with Range Resources and Red Emperor to drill areas targeting gross best estimated prospective resources of some 300 million barrels each, Africa Oil said.

Gas discoveries in nearby Tanzania, and significant proven oil reserves along the border between Uganda and Congo, have encouraged interest in the region.

(Editing by James Macharia and David Hulmes) Keywords: SOMALIA OIL/

(nairobi.newsroom@reuters.com)(Tel. +254 20 222 4717)

COPYRIGHT

Copyright Thomson Reuters 2011. All rights reserved.

The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters

Thanks to kev yorks interactive investor ii



I'll repost this here as well as RUM.

Puntland News Friday
Surprised no ones picked up on this yet but it's a near certainty we will be seeing a material Puntland update on Friday. The fact Horn Petroleum won't be listing on the markets without a substantial RNS is a safe bet and as they only have one project it's got to be Puntland. So I'm expecting a substantial announcement on Friday regards drill mob and dates.

Kevin

http://clients2.weblink.com.au/clients/tangierspetroleum/article.asp?asx=TPT&view=6558047

Tangiers petroleum up 6.57%





http://ir2.flife.de/data/tangiers-petroleum/share-ticker.php

A large buyer/buyers at a million a time.

RRL down 2.78% on the ASX. Ftse expected to open 100+ points down. A bumpy ride today, put your seat belts on.

Punty and Georgia news next week

dreamcatcher - Holding up well, still waiting for 10p, what do you reckon fancy my chances, not so sure to be honest but never say never :O)

You may be right Chris, money short term may be better in RMP. Only 10% of the shares of RRL. Good luck. AUDYOR

Tangiers petroleum down 13.7%





http://ir2.flife.de/data/tangiers-petroleum/share-ticker.php

hi dc - see we have some short term volatility again here - ideal for easy - i will only top up sub 10p if it gets there - not because i do not think it is worth it - but i have so many already need to keep options open elsewhere - bargain to anyone new here - gl

yep i believe all top 100 down also - need to confirm that though - bad day everywhere pretty much and i mean global - but hey ho - this is great for opputunist like me!! been through it before - but bit worse this time for now

what goes down will almost always go back up - unless we are talking woolworths!!!

Put my money in RMP today gibby. Will there be an operational update Friday?
Big news next week we hope.

Ugly day tomorrow

RRL down 5.56% on the ASX