Canada will Splash over $50 Million to drill Oil in Puntland

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MJ-Pride
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Canada will Splash over $50 Million to drill Oil in Puntland

Post by MJ-Pride »

Yes! Puntland is about to become the Next Dubai. The Canadian company is supposed to come next year and drill gas in Puntland. Shocked Shocked
.......................................................................................................

arowe(AllPuntland)- Wafdi ka socda shirkadda shidaalka ee laga leeyahay dalka Kanada oo la yiraahdo Africa Oil Corporation ayaa booqasho ku maraya deegaannada Puntland oo ku yaal waqooyi bari dalka Soomaaliya.

Ujeeddada wafdigan Kanadiyanka ah ayaa ah inay madaxda Puntland ku wargeliyaan kalana xaajoodaan sidii ay shirkaddan sanadka soo socda shidaal uga soo saari lahayd dhulkaas ay saliiddu dhex ceegaagto.

Madaxa shirkadda shidaalka ee Africa Oil Corporation (AOC) oo la yiraahdo Rick Schmitt iyo laba khabiir oo ku takhusasay qodidda shidaalka ayaa khamiisti yimid Puntland, waxayna wadahadallo la yeesheen Madaxweynaha maamul goboleedka Puntland Mudane Cadde Muuse Xirsi iyo saraakiil sare oo ka tirsan maaulkaas.

Kooxdaas ka socotay shirkadda shidaalka ee Kanada waxay booqdeen dhulka hodanka ku ah bansiinka ee ku yaal dooxada Dharoor ee Gobolka Nugaal, halkaas oo la filayo inay shirkaddan sanadka dambe ka qoddo afar ceel oo shidaal ah.

Shirkaddan ayaa adduun dhan 50 million dollars una dhiganta 34 million euros, gelin doonta hawshaas lagu soo saarayo shidaalka. Maamulayaasha Puntland iyo shirkadda AOC oo horey loogu yiqiin Canmex Minerals Corporation, waxay bishii Jannaayo kala saxiixdeen heshiis, kaas oo ay diidmooyin uga yimadeen dadka deegaanka oo ka cabanayay sidda madaxda maamulka sare ee Puntland jeebka ugu shubtay hanti laga qaaday sharikadaha heshiisyada shidaal qodida lala galay, iyadoon wax adeeg ah aan bulshada loogu qaban lacago laga qaatay sharikadaha shidaalka.

Sidoo kale waxaa horey maamulladii Puntland heshiisyo qodid shidaal u kala saxiixdeen shirkado Shiinees ah sida CNOOC, China International Oil iyo Gas (CIOG).
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Re: Canada will Splash over $50 Million to drill Oil in Puntland

Post by Diyeeshaha_Tolka »

old news...u've been saying this the last 10 years and nothing is happening..

first it ausy company and then chinese ,american,now canada
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Re: Canada will Splash over $50 Million to drill Oil in Puntland

Post by The_Patriot »

Thats nice for my Dabayaco coousins Cool
But the question is
1) how much will Zenawi scoop from the deal 99.9% or 99.99% or more.
2) what was the real US interest in Somalia?
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Re: Canada will Splash over $50 Million to drill Oil in Puntland

Post by Shirib »

Please don't sign any oil deals until Somalia is completely stable.

Do people not see whats happening in Darfur and other parts of Africa over oil.

We've fought 17 years over nothing we will fight a lot longer for a business as profittable as oil.

Whats wrong with Puntland 50 million dollars is a complete rip off. The price of oil is 92 dollars per barrel in the world marke. They could should have got a deal in the high hundreds of millions to billions of dollars.

50 million is highway robbery
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Re: Canada will Splash over $50 Million to drill Oil in Puntland

Post by Gedo_Boy »

Puntland?

You mean Northern Jubbaland?
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Re: Canada will Splash over $50 Million to drill Oil in Puntland

Post by MJ-Pride »

I knew It was just matter of time before all the haters would pour in. An The Patriot, Zenawi has nothing to do with this, This is puntland business and Canada is doing this. If Zenawi had any saying, we would have done with the Chinese company thats drilling the Oil in Ogadenia Laughing Laughing
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Re: Canada will Splash over $50 Million to drill Oil in Puntland

Post by FAH1223 »

$50 million is nothing for what the potential reserves are

Puntland is rushing and/or not negotiating well

I don't even think 50% of the profits will go there

dont sell yourself short
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Re: Canada will Splash over $50 Million to drill Oil in Puntland

Post by The_Patriot »

Dabayaco cousin.
Zenawi is the Emporor of Somalia(not Excluding Puntland). Laughing
So thinking that He just wants Mogadishu is preposterous He does not favour a dabayaco over Hutu or vice a versa he will use and abuse you then he will drop you like sh*T Laughing .

Do you think Also USA went to Somalia to allow Canadians just to sign concessions. Laughing
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Re: Canada will Splash over $50 Million to drill Oil in Puntland

Post by MJ-Pride »

Fah,
The 50 Million is just for the rights to drill he Oil. When the gas is taken out, then it will be shared between Puntland and the Canadian company
Last edited by MJ-Pride on Sat Nov 24, 2007 3:46 pm, edited 1 time in total.
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Re: Canada will Splash over $50 Million to drill Oil in Puntland

Post by Leila2007 »

Shirib

You need to do that financial analysis with a cost-benefit analysis in a documented paper and send it to Puntland leaders. Most of these leaders dont really understand world politics and what is going on.
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Re: Canada will Splash over $50 Million to drill Oil in Puntland

Post by The_Patriot »

Dabayacos think they are Ethiopians Laughing Laughing
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Re: Canada will Splash over $50 Million to drill Oil in Puntland

Post by cabdallah252 »

only 50 million this is a scam,


50 billion would be more suitable


but we gonna let cadaan pay the money and kick them out like the australians Laughing
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Re: Canada will Splash over $50 Million to drill Oil in Puntland

Post by Advocatar »

looool@ we

bicidyaans will never see that money. Laughing
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Re: Canada will Splash over $50 Million to drill Oil in Puntland

Post by cabdallah252 »

[quote="Advocatar"]looool@ we

bicidyaans will never see that money. Laughing[/quote]

you foolish kid,

biicidyahan are good businessman and own a large percentage of businesses in puntland. the hillaac villa complex in bosaso was build by my adeer for over 2 mil, my dad runs a huge trading company, another uncle of mine basicly controls the water supply of gaalkacyo and area etc
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Re: Canada will Splash over $50 Million to drill Oil in Puntland

Post by Metal »

English:

Mr. Rick Schmitt President and CEO Africa Oil Corporation (formerly of CanMex Minerals Corporation) and his staff arrived at the Bossaso Airport. Accompanying Mr. Schmitt were Mr. Paul Coyer Drilling Manager and Mr. John West Geophysicist.

The Puntland Government signed a contract (Production Sharing Agreement) with the CanMex Minerals Corporation (now Africa Oil Corporation) in January 2007.

The purpose of the visit was to brief the President and Government on the drilling program and the target areas that the company is planning to drill.

During their stay in Bossaso, the delegation visited the Bossaso Port; they also assessed area roads and infrastructure.

The delegation after a day of visiting sites in Bossaso proceeded by land to the Capital of the State Garowe. Along the route to Garowe, an evaluation of the main road and all bridges was also conducted. This assessment was performed in order to determine the possible route of the drill rig to the drill area targets.

In Garowe Mr. Schmitt and Mr. Ken Watson General Manager (Africa Oil Corp) met with the President H.E. Mohamud Musse Hersi at Garowe Presidential offices. While Mr. Coyer and Mr. West continued with their assessment of roads, access to the drill site and they also visited previous drill sites in the Nugaal Region.

Puntland Government Officials attending this meeting included: the Vice President Hon. Hassan Dahir Mohamud, the speaker of the Puntland Parliament Hon. Ahmed Ali Hashi, the Minister of Finance Hon. Mohamed Ali Yusuf, Minister of Education Hon. Ahmed Said Nur, Minister of Information, Telecommunication, Culture and Tourism Hon. Abdirahman Mohamed Salah (Bangax), Acting Minister of Security Hon. Xaaji Bakiin, Islaan Ciise Islaan Mohamed (Traditional Community Elder and Sultan Mohamed Garrase (Traditional Community Elder).

The President stated, “I want to welcome you to Puntland, today you have in front of you the Government of Puntland and the Traditional Community Elders of the Nugaal Region, we are very happy that you have come to us ”. Both Traditional Elders stated that they will fully support the Government in their policy of developing the State’s natural resources. Sultan Mohamed Garrase stated, “We have heard with our ears for years that there is oil here, some of us are getting old we want to see with our own eyes that it is not just a dream but it is reality that there is oil here, this will help all our people”.

Mr. Schmitt thanked the President and Community leaders for their warm welcome. Mr. Schmitt stated that African Oil Corporation has been involved in the Puntland Project for approximately nine months and in his 30 years of experience in the petroleum sector in the Middle East region he has never seen a project proceed so rapidly. Mr. Schmitt added that the company has analyzed all the data and is anticipating in drilling the target areas in the early part of 2008. Africa Oil Corporation will continue with their field work and other logistical work in Puntland.
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