hello tony
the political risk on the surface appears to be greater than it truly is,back in JAN 06 when Ethiopia entered to protect the puntland government and force out the growth of the Islamist movement was the turning point for RRS.
US INVOLVEMENT, through the UN , world bank, and the recognised TFG with milatary Ethiopian backing.
President Yusuf of Somalia fully endorses the mineral/oil rights of Puntland.
the removal of his prime minister Gedi was also a major positive for RRS.
the production of oil and the controlled flow IMO will happen as there are major interested parties.
CNOOC and US.
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