McB, since you've been an invrestor in Marauder longer than most, maybe you can answer this question. Back, before Puntland was autonomous, four mainly American firms had control of five blocks in Somalia, some, of which, overlap the two Puntland blocks we're preparing to drill in December 2011, the Darhoor and Nugaal blocks. Some of these companies were Conoco, Shell and others. Question is.......since Puntland became autonomous, could they then void the agreements Somalia had with the aforesaid companies, or are we in for a court fight, in your opinion ??
Secondly, RRL, Range Resources purchased 100% of the offshore for $25M USD. Would this deal also become void for any water's offshore that Puntland could claim as it's territorial waters. ??
Lastly, I spoke with Bob. Nice guy, er..also the CEO of Marauder, and he was not too concerned with the militant terrorists in Somolia that might pose a threat. He said he and his group are a good bunch of farm boys that can defend for themselves, but I wonder, given the circumstances of perhaps 60 billion barrels, worth up to 6 trillion dollars offshore, don't you think it would be advisable to have a mercinary force to help with the defense.
Also, are you worried about any threat from the el-Quiada terrorists in Yemon.
TIA
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