Jacka Resources updates their website

[Siciid85]

Block 26 is now part of the projects list alongside Bargou block(Tunisia), Nigeria and block WA-399-P(Australia).

Odwayne Block Overview

In Somaliland Jacka holds 50% of Somaliland Blocks 6, 7(partial) and 10(partial) – known as Odwayne Block:

Ø22,000 sqkms, enclosing a Jurassic rift basin (size of the Albertine Graben)

Ø9 sampled oil seeps on-block, typed to light oil-condensate

ØJacka to be Operator, with initial 50% equity, Petrosoma 50%

ØNo previous tenure (pre-1989 Force Majeure)

ØExisting Petrosoma Resources team in-country; instant Operational capability

ØVery similar geology to prolific producing basins in Yemen, with 9.8 BBOE discovered or to be discovered (USGS 2002)




http://www.jackaresources.com.au/index. ... &Itemid=19

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[Rightwing]

Siciid, Is this the beginning of a new prosperity?

[Siciid85]

Siciid, Is this the beginning of a new prosperity?

Inshallah, lets hope so.

[Somalistan]

Allow Sahal oo sidii roon adaa og eh noo yeel. Amiiiiiin Ya rabbi.

Warkaasa imara. Buuqan iyo riwaayadahan kala ima marayaan, iga wallee.

[LiquidHYDROGEN]

Have they given any figures on potentially how much there is, or is it too early to say?

[Somalistan]

Barrels are in the "Bs", the green in da "Ts", if you get my drift.

[KyrieJama]

Allow Sahal oo sidii roon adaa og eh noo yeel. Amiiiiiin Ya rabbi.

Warkaasa imara. Buuqan iyo riwaayadahan kala ima marayaan, iga wallee.

Ameen

[Siciid85]

abdi.ismail it is said the Block 26 has similar geology as Sab'atayn and Masila basins of Yemen which contain 9.8 billion barrels. It is early days to tell though.

ØVery similar geology to prolific producing basins in Yemen, with 9.8 BBOE discovered or to be discovered (USGS 2002)

Allow Sahal oo sidii roon adaa og eh noo yeel. Amiiiiiin Ya rabbi.

Warkaasa imara. Buuqan iyo riwaayadahan kala ima marayaan, iga wallee.

Amiin.

[Saraxnow]

Allow Sahal oo sidii roon adaa og eh noo yeel. Amiiiiiin Ya rabbi.

Warkaasa imara. Buuqan iyo riwaayadahan kala ima marayaan, iga wallee.

Amiin.

[Siciid85]

Justyn Wood – Technical Director

Mr Wood is a Petroleum Geophysicist and Director of Wood Petroleum Exploration Pty Ltd, a technical advisor to Jacka Resources Limited. Mr Wood has 18 years technical, commercial and management experience in exploration, appraisal and development of oil and gas resources in the upstream oil and gas industry with Hardman Resources and Chevron Australia, Mr. Wood has explored more than a dozen basins around the globe and has managed a number of international frontier exploration projects. He is recognised as having played a key role in establishing the East African Rift in Uganda as a new petroleum province, with more than one billion barrels discovered in the Albertine Graben since 2006. Mr Wood is a member of PESA, SEG, AAPG and SPE.

[Madelina]

Allow Sahal oo sidii roon adaa og eh noo yeel. Amiiiiiin Ya rabbi.

Warkaasa imara. Buuqan iyo riwaayadahan kala ima marayaan, iga wallee.

Amiin.

Amiin

[SultanOrder]

Aren't you guys getting ahead of yourselves.

Remember all the formal deals it sign, are with the Somali government. Somaliland is not internationally recognized, which has many legal consequences. I can't say exactly what those legal consequences are, but those won't change unless Somaliland becomes recognized

Somaliland is tied to the waist with Somalia. And this has had many consequences on you guys.

[Khalid Ali]

Aren't you guys getting ahead of yourselves.

Remember all the formal deals it sign, are with the Somali government. Somaliland is not internationally recognized, which has many legal consequences. I can't say exactly what those legal consequences are, but those won't change unless Somaliland becomes recognized

Somaliland is tied to the waist with Somalia. And this has had many consequences on you guys.

Thats why we have the sdc the Somaliland development corporation

[SultanOrder]

It makes no difference. SDC is a corporation based in england. It is the same thing as BP based in UK trying to dig for oil. Natural resource deals are done with soverign governments not with corporations.

SDC which I wholeheartedly support wasn't meant for such things, more like investment, infrastructure, buisness deals. Yet in the end either Somaliland gets recognized or it accepts to be part of Somalia one form or another.

For the sake of the people of Somaliland, they must not be held in limbo indefinitely.

[Khalid Ali]