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That is what I thought when I saw it...
that Roswell is likely the local town that will be getting the Interactive Defense presentation in January. Makes sense anyway.
Let's hope it goes well.
And again from Carlos Tiny...
He said though Sao-Tome and Principe is rich in oil reserve, it is better to develop the tourism sector which has the potential to bring more revenue and outlive oil in the long run.
http://www.news.dailytrust.com/index.php?option=com_content&view=article&id=11558:tourism-sao-tome-to-collaborate-with-ntdc&catid=1:latest-news&Itemid=119
There it is again...oil rich country...
THE Prime Minister of Sao Tome and Principe, Mr. Raphael Branco, has called on the Chairman of Nicon Group of Companies, Mr. Jimoh Ibrahim, to take cognisance of the economic advantage of tourism potentials in the oil rich country in the Gulf of Guinea, by constructing a five star hotel on the island.
http://www.ngrguardiannews.com/business/article03/indexn2_html?pdate=231209&ptitle=Sao%20Tome%27s%20PM%20tasks%20Jimoh%20Ibrahim%20on%20hotel,%20varsity%20projects
Found oil, eh...?
Southern Africa Year in Review 2009
Sao Tome y Principe
Two major things about this tiny island nation-it found oil in it’s territorial waters and it’s sinking. Hmmm…a natural resource that can help the gross national product by becoming a major oil producer at the expense of pumping more carbon fuels into the atmosphere which will further raise the earth’s core temperature and accelerate the pace at which the nation is lost to seawater. Talk about your conundrums.
http://blog.amnestyusa.org/women/southern-africa-year-in-review-2009/
Interesting statement from another artilce...
about the Nigeria/Sao Tome military agreement.
..."both leaders expressed optimism that the Joint Development Authority would continue to constitute a platform for development cooperation between both countries and to further explore the rich natural resources in their JDZ."
http://www.ngrguardiannews.com/news/article06//indexn3_html?pdate=221209&ptitle=Nigeria,%20Sao%20Tome%20plan%20military%20commission%20to%20protect%20natural%20resources&cpdate=221209
Probably not a large readership here...
but it is nice to get a mention alongside products from Canon, Palm and Motorola...
http://cranford.patch.com/articles/gift-guide-for-men-appeals-to-all-types-3
No apology necessary HP...
better we post the news too much than not at all.
Happy Holidays to you and all the board.
Must be something there worth protecting...
Nigeria, Sao Tome agree oil-zone maritime security
ABUJA, Dec 21 (Reuters) - Nigeria and the island nation of Sao Tome and Principe have agreed to set up a joint maritime military commission to protect offshore crude oil fields and try to check piracy in the Gulf of Guinea, officials said on Monday.
The two countries share a joint offshore oil development zone in an area where the numbers of armed gangs, pirates and organised criminals have risen in recent years. [ID:nGEE5B113D]
"Recent security developments in the Gulf of Guinea especially on the illegal trafficking of arms and ammunition have become serious concerns," the two countries said in a joint statement following a meeting in Nigeria's capital Abuja.
"If the situation is allowed to deteriorate without instituting a mechanism to check the atrocities, it could threaten our national security."
Although acts of piracy are more frequent off Somalia in east Africa, analysts say ships passing through the Gulf of Guinea are at greater peril because West African pirates have shown they are ready to use deadly force to snatch oil cargoes.
Seaborne gangs seize oil tankers and sail them to one of many ports along the coast which, analysts say, lack sufficient security or where officials can be bribed. The stolen oil can then be sold into the local market.
The insecurity is a deterrent for investors.
Sao Tome has been looking for partners to extract crude oil reserves off its coast and expects to launch its first oil block tender at the end of January or early February next year.
But exploration in its joint development zone with Nigeria has so far been disappointing. Chevron (CVX.N) has said an early oil strike did not prove commercially viable but it is continuing to drill.
China's Sinopec (0386.HK) and Addax Petroleum ACX.TO AXC.L are also exploring there. (For more Reuters Africa coverage and to have your say on the top issues, visit: af.reuters.com/ ) (Reporting by Felix Onuah; Writing by Nick Tattersall; Editing by Louise Ireland)
http://uk.reuters.com/article/idUKLDE5BK1LG20091221
Yogen Charger gets a "plug"...
http://southflorida.sun-sentinel.com/features/wsfl-dan-vasquez-videos,0,719898.story
Chevron made their official announcement...
roughly 70 days after drilling on Obo-1 was completed.
http://investor.chevron.com/phoenix.zhtml?c=130102&p=irol-newsArticle&ID=861842&highlight=
How about this 10-Q from August (edit) of 1999 (edit again)...
STOCKHOLDERS' EQUITY (DEFICIT)
Preferred stock, $0.0001 par value; authorized 10,000,000 shares;
none issued and outstanding 0 0
Common stock, $0.0001 par value; authorized 950,000,000 shares;
http://google.brand.edgar-online.com/EFX_dll/EDGARpro.dll?FetchFilingHtmlSection1?SectionID=279840-3177-89907&SessionID=roI6Wv7XX3Cghw7
Those aren't new numbers.
Looks like a UK distributer is up and running...
http://www.mobilefun.co.uk/yogen-charger-p22747.htm?referer=FR_PROD-PR2
Ain't that the truth...
"The partners on these wells are being very closemouthed as no details or results have been issued which leads the industry to wonder just what resources are contained in the JDZ."
http://allafrica.com/stories/200912160121.html
PN mentioned 5,6 and 9...
in his prepared statement. I don't know if there was any referrence to them in the Q&A.
"ERHC also has rights in JDZ Blocks 5, 6 and 9. To date, no Production Sharing Contracts have been signed for these Blocks, but depending on what is found in Blocks 2, 3 and 4, we anticipate that the JDA may act to firm up operations in those Blocks as well in the foreseeable future."
http://www.erhc.com/en/art/125/
IDP - At first I thought...
Interactive Defense, but then I'm not sure what the "P" would be. Maybe a typo and it should be an "S"?
Kudos emptynester on your prediction...
of news out of the JDA announcing the findings. Hopefully we will see your price/volume expectations and more soon.
Thanks, Homeport. Good to actually see...
the word "oil" in reference to the JDZ.
Here is a link to the Lusa website where you can see a "teaser" for the article, although I'm not sure the translation is coming across quite right...
http://translate.google.com/translate?hl=en&sl=pt&tl=en&u=http%3A%2F%2Fwww.lusa.pt%2F
Yes, Pup said...
"Come on people... 6 floating drilling vessels (for the Nigerian region - no more no less)... An FPSO is already in Addax's West Africa portfolio (super attractive)..."
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43667590
As for the info in the Quest database, I have been wondering what that triangular moon and stars symbol shown by some of the projects means. Well, I finally found it...According to this screen shot from the right hand side of the "About Database" page, it means it is a "forecasted project". So maybe there has not been any Addax tender for FLNG. Yet.
http://www.floatingproductionzone.com/zones/images/screenshot_Search.gif
Don't know RKT...
this page implies that it is for 2009...
http://www.oilandgasobserver.com/contracts/toc.asp?v0=ST&v1=country
What does anyone make of this...?
"Nigeria, Sao Tome and Principe, Invitation to Tender for the Acquisition of 3D Seismic Data Over Part of Area "A" of the Nigeria Sao Tome and Principe Joint Development Zone (Jdz)"
http://www.oilandgasobserver.com/contracts/toc.asp?v0=1029&v1=
Looks like that's the case Pete...
from the disclaimer...
"Compensation
Regarding the marketing programs that TheStreetAlert.com has been compensated for providing investor awareness and general marketing services for ERHE & AFTC:
TheStreetAlert.com received $125,000 from a non-controlling/non affiliate third party for a targeted global post card mail and an extensive email awareness campaign for ERHE.
The publisher or its affiliates may furthermore buy shares in open market transactions, or sell any such shares so acquired at any time, either before, during, or after the publication of this web site feature, and could also experience an increase in the value of any shares held for long term investment."
Anyone see this one before...?
I wonder how recently they made ERHE their featured company. Apparenlty sometime after October.
http://www.thestreetalert.com/
And they've been happy about the recent price run-up...
http://stockreads.com/Stock-Newsletter.aspx?id=18353
http://stockreads.com/Stock-Newsletter.aspx?id=18393
Ruby may be referring to this post...
http://investorshub.advfn.com/boards/read_msg.aspx?Message_id=40730248
Krom, mon...Red Stripe is Jamaican
Congrats!
Dan, I take it you did not have time...
to visit F3.
From yogenstore.com...
YoGen released for shipping on December 9st* 2009!
Is today December "ninest"? LOL.
http://yogenstore.com/products.html
You gotta love the picture...
Upstream posted with their article. Is that the Aban Abraham?
http://www.upstreamonline.com/live/article201019.ece
What was optional was to drill again...
in the JDZ, versus drilling another Addax property or farming-out to another operator. Choosing to stay in the JDZ, however, is significant, as you state.
"The contract with Transocean requires the Deepwater Pathfinder to drill four wells in total with a minimum commitment of 120 days.
http://www.addaxpetroleum.com/press_room/138
Looks like we may finally see some action...
from the Tlehs partnership.
They put this out on November 24, telling their communities that it is basically free...
http://communityblog.tlehs.com/2009/11/introducting-tlehs-interaction-.html
And their site is now up and running (look familiar?)...
http://interaction.tlehs.com/TlehsInteraction/
Here is SPP's prior post on the subject...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=44077385
India Offers Hand of Partnership...
http://netindian.in/news/2009/12/07/0004324/india-offers-hand-partnership-africas-hydrocarbon-sector
He (Pup) also posted that by "floaters"...
He meant drilling rigs, not FLNG barges.
Retep, I'm no expert but...
If you look at the options in the field status list a bright spot would seem to mean that the prospect has a probability for hydrocarbons. Seems they should update it to the drilled (discovery) option.
Unfortunately, that is an old site...
that has not been updated for months. Curiously, their current, active site makes no mention of their relationship with F3/Interaction that I can see.
http://www.nobleheroes.org/
Thanks, Ags...
pretty much as expected, I would say.
You are correct, sir...
Sinopec International Acquires 100% of Addax Petroleum Corporation Shares
http://www.addaxpetroleum.com/press_room/162
Maybe it's the Indians buying...
"Besides, the visiting foreign minister also met officials in the ministry of petroleum and natural gas and ONGC Videsh to discuss possibilities of bilateral cooperation the hydrocarbons sector."
http://www.thaindian.com/newsportal/uncategorized/india-extends-grants-lines-of-credit-to-sao-tome-and-principe_100283446.html
From a 9/25 Afren press release...
click on "Download Attachment" below the 25.09.2009
http://www.afren.com/news_and_media/press_releases/9/2009/