The Somaliland Ministry of Water and Natural Resources has confirmed that the government of Somaliland has signed an oil exploration agreement with Asante Oil (UK) Limited.
According to the Director-General of the Ministry of Water and Natural Resources, Eng. Ahmed Ibrahim Suldan, Asante Oil (UK) Limited recently purchased the report from the seismic survey conducted in Somaliland by TGS of Norway, and has subsequently agreed to begin drilling towards the end of 2008.
Speaking to reports from the Republican at his office in Hargeisa, Eng. Ahmed Ibrahim also refuted recent rumours that Range Resources and African Oil which are currently conducting similar exploration in the Puntland region of Somalia may encroach into Somaliland territory.
Eng. Ahmed Ibrahim, Director-General of the Somaliland ministry of Water and Natural Resources described these rumours as baseless and stated that the government of Somaliland will protect the natural resources of the country, and described the current exploration in Puntland as merely an attempt by Range Resources and African Oil to sell shares in their companies in order to generate money.
Eng. Ahmed Ibrahim described the recent survey by TGS in Somaliland as extensive one which drawn lots of interest at the recent petroleum convention in San Antonio, Texas.
Source The Republican

Wasiir Qaasim ayaa ugu horreyn ka warramay heshiiska ay labada dhinaca wada galeen, waxaannu sheegay in heshiiskan loo mari doono hab sharci ah oo waafaqsan shuruucda dalka u taal, isla markaana la horgeyn doono golayaasha qaranka. Sidoo kale waxa isna halkaa ka hadlay saraakiisha shirkadda shidaalka ee Asante Oil Activities, kuwaas oo sheegay in aanay imika wax maalgalin ah heshiiskan xukuumadda ka siin, balse ay saxeexeen uun aad iyo aadna ay ugu hanwayn yihiin in ujeeddada heshiiskan laga leeyay noqoto midhodhal iyagoo tilmaamay in ay baadhitaanka ka samayn doonaan Garadag iyo Caynabo.
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