10 million buyer at 3.6, page-79

re: +++ puntland +++ Hi chimi,

These issues that are being quoted are out dated. (See the current information below from the BBC.)

It begs the question why these articles are being printed. The source seems to be in question as to his motive. The individual giving the information to the press is:

http://www.amsasconsulting.com/index.html
QUOTE
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The writer Dr.Ali Abdullahi M Barkadle is a Resource and Management consultant to Lundin Petroleum AB and other International organizations he is also the Chief Executive of Amsas consulting, and was a former Presidential candidate for the Federal Republic of Somalia. He can be contacted at [email protected]
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Motive might be that he did NOT get the deal that Range/Consort did and that the fact he was NOT elected President for the Federal Republic of Somalia.

http://www.amsasconsulting.com/oil.html
QUOTE
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[color=green]The state of Puntland on the northern parts of Somalia has agreed to work with Amsas Consulting on the best ways of bringing investors into the Oil and Gas sectors of Somalia.

In a closed door meeting between the President of Puntland HE Adde Muse Hirsi and the Chief executive of Amsas consulting Dr.Ali Abdullahi they came to the conclusion that new concession proposals will be passed to investors in the Oil and Gas sectors. The federal government and the state of Somaliland are also having contacts with Amsas Consulting on the best ways to bring investors into these sectors.

Amsas Consulting are experts in Project Management in the mining and upstream oil industry. We have done projects in Zambia, Zaire, and Kenya with other activities on the pipeline in Somalia and Sudan.

Puntland was at the center of oil explorations in the 80's when Conocco, Amoco(now PB), and Agip had concessions in Blocks 27,28,31,32, and 35.

According to experts in the fields of oil and gas, Somalia is going to be where the next big oilfields are possibly going to be discovered. The country has not seen any exploration since the mid to late 80's.
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www.news.bbc.co.uk/2/hi/africa/default.stm
QUOTE
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Somalia: Rift over oil exploration in Puntland reportedly resolved

BBC Monitoring Africa
English
8 October 2005

© 2005 The British Broadcasting Corporation. All Rights Reserved. No material may be reproduced except with the express permission of The British Broadcasting Corporation.

Excerpt from report by Somali independent Shabeelle Media Network website on 7 October

A disagreement which has been going on between the Jowhar-based faction of the Transitional Federal Government of Somalia [TFG] and the [breakaway] Puntland administration, with regards to Puntland's decision to carry out oil exploration, is said to have been resolved.

A six-day meeting between TFG officials and some Puntland ministers was today concluded in Jowhar, HQ of the Middle Shabeelle Region. The meeting focused on how to resolve the rift which had cropped up between the TFG and Puntland on a [foreign] firm reportedly interested in oil exploration in Puntland regions.

In the end, the meeting was attended by the TFG prime minister, Prof [Ali Muhammad] Gedi, who stated that the disagreement has been sorted out. He said the issue was merely about how to reconcile some constitutional clauses on exploration and distribution of the Somali [mineral] resources in general and, in particular, an oil exploration deal signed between Puntland and foreign firms.

Mr Gedi underscored that the discussion has finally come to fruition, adding that the agreement would be included in what had already been agreed upon between Puntland and the oil drilling companies.


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As I have said in the past "Beware the Naked Man that offers you the shirt off his back"