Africa Oil Corp (AOIFF)

[Ninja11]

Interesting Post on Stock House from EStreet on this subject?

Article references earlier failed negotiation's


I'm not sure that these talks with the locals in Turkana are going to be all that straight forward,,. According to the linked story there was an earlier failed attempt to resolve these issues,,. It seems to have taken the GOK a long time to engage these folks as there is indication that they have not meet as recently as Friday and both of these Minsters have mentioned possible charges and established Mon or Tues for the resumption of drilling,,. Tullow Oil has tried to defuse the situation by shutting operations down and removing staff and these guys are setting a resumption time line with out having conducted any formal meeting,,. Even the overly optimistic Keith Hill was talking resumption in weeks rather then days in a recent interview,,. I certainly hope that they are able to come to a mutually acceptable understanding with regard these grievance's,,. It seems this thing has the potential to evolve into something worse then it all ready is if not handled properly,,.

excerpt
"Earlier this year, a leaders’ forum held in Lodwar and attended by Interior Minister Joseph ole Lenku and his Energy counterpart Davis Chirchir, Tullow Oil officials and Turkana leaders failed to resolve the stalemate surrounding the conflicts."
Link to Full Story
http://www.standardmedia.co.ke/?articleID=2000096718&story_title=we-have-lost-hope-in-tullow-oil-turkana-residents-say
Read more at http://www.stockhouse.com/companies/bullboard/v.aoi/africa-oil-corp?postid=21872261#fu0lH6Gw8siB5j8G.99