Range has been able to obtain through Government sources previous exploration documentation relating to the hydrocarbon exploration in the Nogal Valley area in Puntland up until 1991. The documentation includes original seismic tapes, well logs and processed seismic sections identifying major targets found prior to exploration activities ceasing in Somalia. Upon review of the data it was noted that the Nogal Valley area demonstrated:
Abundant oil shows;
Thick, high porosity reservoirs;
Many large structures; and
An excellent regional seal.
Puntland is blessed
It's only a matter of time before they announce they discovered 50 billion barrel of Oil
