Jacka Resources plans to start oil exploration in Somaliland

[Siciid85]

Australia-based Jacka Resources plans to start oil exploration in Somaliland

Written by CSM Magazine May 01, 2012 at 05:08 AM
Australia-based Jacka Resources plans to start oil exploration in Somaliland, a region of Somalia that declared itself independent in 1991. Nice work if you can get it.

Let’s say it’s a country that is not recognized by any other country, so all business has to be conducted either in off-shore accounts or in cash. On land, militant groups fight against the government and take the occasional foreign aid worker hostage. At sea, pirates attack and capture freighters, tankers, and even pleasure boats. Most food in the local economy comes from foreign donations, because the region is prone to conflict and famine.
Would you invest in such a country?
Australia’s Jacka Resources gas and oil exploration company would. And if you guessed that the country is Somalia, you’re very close. The country is Somaliland, which declared itself independent from Somalia in 1991, and has remained a functioning, but unrecognized, independent republic ever since. Much safer and more stable than its eastern and southern neighbour, Somaliland also sits in a geological zone where oil is likely to occur, and it recently awarded its first oil concessions to foreign oil prospecting companies.
Jacka Resources – which has also successfully explored oil in Uganda’s Lake Albert – will begin seismic tests, gravity tests, and exploratory drilling soon in the 22,000 square kilometer Habra Garhajis block in southwestern Somaliland, where oil has been found to seep to the surface in at least nine separate locations.
Jacka chairman Scott Spencer said that his company looked forward to working together with Petrosoma, a Somali affiliate of Prime Resources Limited, on exploring the Habra Garhajis block, which he says has “enormous potential.”
Jacka is not alone. The Somaliland government has also signed exploration agreements with London-listed company Ophir Energy, Asante Oil, and Prime Resources, which owns Petrosoma.
Whether this newfound economic activity is a good thing or not probably depends on one’s outlook. For many Somalilanders, any form of investment is a good thing, creating the possibility of new local jobs both with the oil prospectors and with the transportation, housing, restaurants, and other service-industry business that would potentially do business with Jacka Resources.
http://somalilandpress.com/australia-ba ... nd-2-27944

[mody21]

now whos following who

[Methylamine]

^shut up

anyway siciid do u know when they're gonna start the actual drilling? Tuition fees aren't gonna pay themselves

[Siciid85]

anyway siciid do u know when they're gonna start the actual drilling? Tuition fees aren't gonna pay themselves

According to a news that was posted in Oodweynenews in April 23rd, they will do a magnetic survey of 5000km for about 3 months then proceed to drilling.

http://oodweynenews.com/news/164944-wef ... aabyo.html

[Somalistan]

Bariis looool rack up the tuition baan ku idhi ileen nin habar garhajis ah baa tahee.

Anyways to answer your question, the siesmetic tests will commence in June Insha Allah. This is straight from the horse' mouth.

Soo duceeyaa rer somaliland.

Allow Rabbiyow khayr nooga dhig, oo noo barakee adaa Cazza Wajjalah ah.

Suldaan Siciid thank you once again for the wonderful news.

[CaliBurco]

War Habar Younistan yaa naga qabta hadaba? Soo kuwaa sida majerteen uu hadlaya

[xiimaaya]

Another fake company..

[Siciid85]

Soo kuwaa sida majerteen uu hadlaya

War don't insult us. We don't have faan iyo suuro traits.

Suldaan Siciid thank you once again for the wonderful news.

NP .

Another fake company..

Jacka Resources – which has also successfully explored oil in Uganda’s Lake Albert – will begin seismic tests, gravity tests, and exploratory drilling soon in the 22,000 square kilometer Habra Garhajis block in southwestern Somaliland, where oil has been found to seep to the surface in at least nine separate locations.

[CaynabaX]

Cali, you know I've been working a while on a new block east of Burco called the Habr Toljaalo block? It's a MUST, waan yara masayray show maad garan? If we succeed, Reer Daahirku might stop shaggin' their camels, and I can finally provide my own shoes, without stealing any.

[kaliil]

Cali, you know I've been working a while on a new block east of Burco called the Habr Toljaalo block? It's a MUST, waan yara masayray show maad garan? If we succeed, Reer Daahirku might stop shaggin' their camels, and I can finally provide my own shoes, without stealing any.

East Burco ama deegaan kaloo Habar Jeclo haddii patrol laga helo ka xumaan maynee waanu ku farxaynaa uun ileen waa wax somaliland usoo kordhaye.Meel walba ka raadiya si deegaan walba wax loogasoo saaro oo loo wada dhergo.

[CaynabaX]

Cali, you know I've been working a while on a new block east of Burco called the Habr Toljaalo block? It's a MUST, waan yara masayray show maad garan? If we succeed, Reer Daahirku might stop shaggin' their camels, and I can finally provide my own shoes, without stealing any.

East Burco ama deegaan kaloo Habar Jeclo haddii patrol laga helo ka xumaan maynee waanu ku farxaynaa uun ileen waa wax somaliland usoo kordhaye.Meel walba ka raadiya si deegaan walba wax loogasoo saaro oo loo wada dhergo.

Amiin inadeer.

Iska ciyaar ayaay iga ahaydee, Inshallah haduu Ilaahi yidhaa the Habr Garhajis block umadda Somaliland oo dhan ayaay wax u tari doonta, Seylac ilaa Bari! Balsee cimaamad cad aan soo xidho!

[original dervish]

good news

[Adali]

mashallah this is great development, were there any past exploration in that area ?

[Siciid85]

There was some seismic surveys taken by Prime Resources/Petrosoma in the region in 2006. However this will be the first of its kind.

[original dervish]

a gravity survey aint nothing much. I could have carried one out for you.....if you`d paid big $$$ mind.