http://www.cod.edu/people/faculty/yearman/somalia.htmsome...

http://www.cod.edu/people/faculty/yearman/somalia.htm
some history ,Conoco were in no hurry to leave Somalia with potential of 300,000 barrels of oil per day in todays value that will be a huge rerating for RRS.
POLITICAL ENVIRONMENT ready for exploration , JAN TO MARCH 08, sp will be either 20c or $20.00.


2. "Somali National Reconciliation Conference: An Organizer's Views on Next Steps." Cable from US Embassy in Djibouti to State Department Headquarters. 20 June 1991. Cable Number: Djibouti 01559. Source: Freedom of Information Act release (2005-05-183) to Keith Yearman. This cable discusses reconciliation conferences. The US government was asked to "play a greater role in the reconciliation process." Conferees sent a message to the Europeans. As Ambassador Barrett reported, "One element of this message is said to be a reference to a possible future request for international military intervention for the purpose of disarming tribal militias and restoring order..."

Concerning Conoco, Barrett's source "claims to have seen an internal document of Conoco (Somalia), which states that sites in the Garoe-Las Anod area are capable of producing 300,000 barrels of oil per day. Conoco's drilling rig near Garoe is, we understand, technically outside the boundaries of former British Somaliland. However, if the presence of large quantities of oil is confirmed, the bulk of the Somali oilfield will probably lie under soil controlled by the SNM. A confirmed strike could pre-empt moves toward reconciliation by making it appear more likely to northerners that the 'Somaliland Republic' is a viable economic entity. It could also set off battles between clans for control of land where drilling is expected."