Global Oil Shortage to Blood in the Streets Political turmoil... financial upheaval... social unrest... coups d’etat... third world civil wars... and bloody rebel uprisings often spawn unfathomable wealth. In many cases, one country’s extreme pain is the savvy trader’s gain.
Consider the collapse of the Soviet Union...
For years, the communist Soviet government had controlled everything. But suddenly, the government disappeared... and entire industries were up for grabs!
Most people stood back and waited for things to get sorted out. But a small group of bold entrepreneurs (known as “oligarchs”) exploited the chaos to amass tremendous personal fortunes.
These guys used bribery, corruption and even murder to seize multibillion-dollar industries -- oil, natural gas, nickel, metals and media -- for pennies on the dollar!
The point I’m making is simply this: Today, the oligarchs are among the world’s richest men. They went from bread lines to boardrooms... almost overnight... simply because they had the courage to exploit crisis.
Scenarios like the collapse of the Soviet Union are played out on a monthly basis all over the world.
One that is playing out right now is in Africa. While you are well aware of the global oil shortage, what you may not realize is this frantic quest for oil has pushed exploration companies into some of the most hostile and unstable parts of Africa.
According to the International Herald Tribune, Africa is in the midst of an oil boom, with companies and governments pouring $50 billion into projects that may double the continent’s oil output in the next decade.
Has the Dark Continent paid off?
You better believe it!
Soco International secured an oil deal in Libya, sending its stock soaring over 1,200%. Heritage Oil discovered oil in Uganda, sending its stock surging to a 600% gain.
Of course, the competition for Africa’s black gold is fierce. And with China grabbing up all the oil blocks around Heritage’s Uganda discovery, attention is now turning to Africa’s most violent and unstable country: Somalia.
Back in the late 1980s, Somalia was considered one of the hottest oil exploration spots on the planet.
And in a 1991 World Bank study, the world’s leading geologists put Somalia at the top of the list of prospective commercial oil producers.
That’s because Somalia used to be attached to Yemen, before the Great Rift ripped up the Saudi peninsula from Africa, thus creating the Red Sea (about 300 million years ago).
According to the U.S. Department of Energy, Yemen has proven oil reserves of roughly 6 billion barrels. And based on Somalia’s similar terrain and close proximity to Yemen, experts believe that Somalia is also brimming with sweet crude.
The Los Angeles Times calls Somalia’s oil reserves a “prospective fortune.” And the Energy Bulletin calls Somalia “oil rich.” But it’s the surrounding area of Puntland that you need to know about.
Puntland occupies the northeast tip of Somalia. It is right on Africa’s Horn, directly across from oil-rich Yemen! Because of its location, experts believe Puntland is sitting on the bulk of Somalia’s oil wealth.
In fact, based on oil exploration conducted in the Puntland region during the 1980s by Conoco, it is believed that Puntland hosts a billion barrels of recoverable oil!
Now here’s the thing. I’ve found a small company that has secured a contract with the Republic of Puntland to retrieve those billion barrels of oil. And get this: Not only did the companysecure an oil deal... it landed an exclusive contract for 100% of the oil and minerals in Puntland, including oil, coal, uranium, silver, iron ore, copper, lead, natural gas... everything.
With oil prices at around $67 per barrel, the petroleum side of this deal could be worth $67 billion. And that doesn’t even include the potentially massive supply of uranium, silver, copper and other commodities that Puntland is sitting on.
I could go on and on about this company and the mass amount of oil reserves they are going to soon be drilling for. But I can’t do it in the limited space of this e-mail. I’ve put the information together in a Special Report that will be available to you this Thursday, May 24, 2007.
I hope you’ll read it. You’ll find the story fascinating and loaded with profit potential.
