.

From the above statement -

They expect the oil to flow within weeks. Coming from two miles underground, the crude should reach the arid plains of Puntland in the north-east corner of Somalia by April.

This has been played down by Range, if Puntland Land is a success ( without the huge ocean, we may have a 20% free carry) then this dwarfs any thing we have including TT. It will be a case of prove the oil up. Dont think it will be long before we hear from the Chinease or Americans in a bidding war.The Chinease are after the ocean now.

Its a shame the Guardian newspaper can tell Range share holders more then range management. I suppose with security issues. The Guardian is not on a vowel of silence.
You do your own homework and it is amazing what you can find out. Just makes you wonder what else is going on behind the scenes we have not been told ?

Nice to see rumours slowly turn to facts. Dont think Landau will hold this back on Monday. Perhaps now an end to the manipulation of this share.

Just read the Guardian article on line - interesting somewhat DC.

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.