.

Yes it was only a matter of time before the more juicy bits started to leak out!.

Lots of clues been thrown out like: "Imminent extraction of oil", Don't know about you but i still don't get it? whatever can they mean "Imminent extraction of oil"??? ;D)))))

I hope I don't mess this one up DC! :o)

http://dissidentnation.com/bp-negotiating-to-enter-somalias-puntland-region/

Yep, I did!!!

Something to do with my iPad. I'll post from my laptop shortly.

Interesting 3 monkies and grannyboy. Dare I say it are they 10 miles more down the road then they are telling us. :-)) Just to much going on now, with even our government not to have. Just wonder if the main test is a flow test ? The world is watching now. Just going out to get the papers.

Looks good kimoldfield. Come on gibby we need some of your Yehaaaaaaaaaaaaaaaas
lol

Sods law DC you sell a huge chunk and I never stocked up as I got scared, is it time to do so I wonder?

http://dissidentnation.com/category/leaks/

This link should work!!

We should get some sort of clarifying RNS tomorrow, whether we do or not is another thing. How much of the latest 'news' is based on hype or rumour remains to be seen, so far there do not appear to be any denials. It will be interesting to see what happens to the sp in Oz tonight. If the oil is or isn't gushing the sp may anyway! I wouldn't get too carried away just yet!

I still have a large chunk left 3 monkies. May be one of those rns's that states we have know idea why the sudden rise in the sp. :-)) Also i am large in RMP.

Got me paper, states Britain leads dash for oil in war torn Africa state. We are involved in a secret high speed dash for the oil in Somalia, with the government offering humanitarian aid and security assistance in a hope of a stake in the beleaguered countrys future energy industry. Talks are going on between the
british officials and somali counterparts over exploiting oil reserves that have been explored in the North. Sounds from whats written Britain is in.

Better get myself some more then mmmmm!!!!!!!!!! Don't somehow think that there will be an rns out telling us they don't know why if a sudden rise. (IF).

The minister of international cooperation in Puntland Abdulkadir Abdi Hashi in charge of brokering deals for the oil reserves said Somalia was looking to BP as the partner they wanted to '' help us exploreand build our oil capacity'' They plan to talk to Bp at the right time. Thought Hillary Clinton would be meeting the Somali prime minister.
So the real corporate goal may well be not whats due to arrive on the surface next month but what is known to be under the Indian ocean off Somalias coast - where sovereignty is unclear. David Cameroon had said at the meeting pipes to the ports had been laid, this was in London at the conference.

The headlines are on the front of the paper and a whole page 10 inside.
This reads nice - African oil estimates there could be up to 4bn barrels about $500bn
worth at todays price in its two drilling plots. Other surveys indicate that Puntland
province alone has the potential to yield 10 billion barrels, placing it in the top 20 countries holding oil. For the first time in 20 years the country is safe enough to drill.
Chinease and us firms are among those understood to have also voiced interest for the potential for oil.

Yet it is the extent of the oil deposits beneath the Indian ocean that is most exciting Somali officials . One said the potential was comparible to that of KUWAIT, which has more than 100bn barrels of proven oil reserves. If true Somalia would become the seventh largest oil -rich nation.
THERE WE GO THIS READS WELL TO - The state owned China national offshore
oil corp has tried to aquire an interest in Somalias reserves. Senior officials in the
Somali transitional government are adamant that the imminent extraction of oil in Puntland next month would kickstart A SCRAMBLE FROM THE MULTINATIONALS.
Sit back Rangers.

Thats the headlines from the paper, interesting to see what happens on the ASX tonight and for us tomorrow morning.

Probably be impossible to buy these in the morning on the Halifax, will probably keep getting thrown into negotiated trade.

Lets hope the sp begins to rise now (you never know) I have purchased before with the negotiated trade with Halifax. For me they have always been fair and purchased on my behalf well before 8.30 am in the morning.

They haven't been very kind to me, absolutely made a balls of Sareum probably be quicker to ring them up - who knows! Lets see what happens on the AXS first.

I spoke to them when we were fast racing to 24 pence last year. Halifax said they deal with first come first served, which is fair. So you can place a negotiated order anytime over the weekend for Monday. Having said that if there was no rush for shares at 8am on Monday, then you have left it for them to purchase on your behalf.
Its a case of guessing how the market will react Monday morning?

I will put the ASX prices up for you in the morn if it helps. Off on hols on friday, just hope a laptop works from Tenerife on Friday.