Oil drilling in Somaliland
- Thread starter Sigmundd
- Start date
Did you not read the rest of it
Soul Kaizer
๐ธ๐ด๐ฆ๐ซ๐ต๐ฐ๐ง๐ฉ๐ฑ๐ฐ๐จ๐ณ๐ฏ๐ต๐ฐ๐ท๐ฐ๐ต๐ต๐ญ๐ฎ๐ฉ๐ฒ๐พ
You got me in the first half.
I'm still optimistic.Did you not read the rest of it
Somaliland needs to cut the mou deal and sort out laascaanod situation
But oil drilling will go ahead. It can't always remain underground. I try to be optimistic but I feel like we're going to see a cycle of war from.all angles thirsty for our oil
This is exploration drilling... Which has been done before.
Two exploratory wells in Sool didn't yield positive results back in 2011/2012 by the Lund family-owned Horn Petroleum (based out of Canada).
I remember because it was the first stock investment I ever made and I lost ~70% of my investment lol.
Two exploratory wells in Sool didn't yield positive results back in 2011/2012 by the Lund family-owned Horn Petroleum (based out of Canada).
I remember because it was the first stock investment I ever made and I lost ~70% of my investment lol.
I feel like there's more oil drilling to do but because of the mou deal and laascaanod situation it makes it hard for anything more to be done.
Khaem
๐ฉ๐ฏ ๐๐๐๐๐๐๐ ๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐
VIP
Somalis need to get the technology and autonomy first otherwise what makes you think ajnabi won't plunder us for oil like they do fish and other stuff
Thereโs oil in SL, but I donโt think itโs enough to completely change the dynamics of the place. Also a lot of it is in border regions which just makes exploration so sketchy.
The Nugaal valley blocks are pretty weak too Iโve heard. Thereโs oil there but itโs not the good stuff. I think honestly our best bet is offshore/galmudug.
The Nugaal valley blocks are pretty weak too Iโve heard. Thereโs oil there but itโs not the good stuff. I think honestly our best bet is offshore/galmudug.
I'm talking about Somaliland. Oil drilling outside S-land will benefit Somalia which is good but it won't benefit Somaliland. We need to focus on those regions they posted where there's a higher chance of oil. Sadly Somali galbeed has all the oil going but is being robbed by Ethiopia. Not benefiting any Somalis. That honestly upsets me.
Offshore is preferable. The infrastructure build-out happens outside the country (Ship/Drilling rigs are assembled in East Asia and operated by international teams). It's the quickest and least painful way to start injecting cash into the economy.
Look at Guyana, it only took them 4-5 years from discovery to producing > 100,000 barrels a day, and that's with COVID restrictions. Imagine what $3-5 million dollars a day can do in such an impoverished region.
Look at Guyana, it only took them 4-5 years from discovery to producing > 100,000 barrels a day, and that's with COVID restrictions. Imagine what $3-5 million dollars a day can do in such an impoverished region.
he said the region has instability so theyโve halted. Guul SSC
Your offshore belongs to the Turks monkey, thereโll be no shenanigans. Anyone trying offshore in Somalia besides coastline will be sunk. Ask FGS to use the oil money for develop so you can benefit through infrastructure to further your relationship with Ethiopia and uk.
Iโll be honest I really donโt think thereโs much in resources in SL. I know thereโs underground water reserves but thatโs pretty much it. Thatโs what they should focus on considering there is a lack of good water in the region.
They should focus on modernisation. Itโs already pretty urbanised, thereโs no reason why it shouldnโt become a banking/technological/educational hub in East Africa.
Relax
. Both sides of my family are from Las Anod & Taleh, I'm not pro-SL. I was speaking generally, regardless of politics.
You did the right thing.
โLaascaanod situationโ drove SL to the mou deal. Anyways thereโs nothing to sort out SSC administration is more likely to join PL at this point.
Sool its sealed long time ago, current SL should focus whats remain of it.
