what is driving this, page-22

Range has been able to obtain through Government sources previous exploration documentation relating to the hydrocarbon exploration in the Nogal Valley area in Puntland up until 1991. The documentation includes original seismic tapes, well logs and processed seismic sections identifying major targets found prior to exploration activities ceasing in Somalia. Upon review of the data it was noted that the Nogal Valley area demonstrated:

* Abundant oil shows;
* Thick, high porosity reservoirs;
* Many large structures; and
* An excellent regional seal.

Range believes that the data provides further evidence of the large potential for hydrocarbons in the Nogal and Dharoor Valley areas. The data is currently being reviewed by Range and its JV partner and if possible will be reprocessed with the benefit of modern computer techniques and knowledge gained in the similar basins in Yemen. Range is of the view that this data will prove to be extremely valuable in fast tracking exploration activities in Puntland and commencing the first drilling program.
Mineral Potential

The mineral potential of Puntland was largely unexplored prior to Range’s involvement with some known lead-zinc mineralisation but no proven ore deposits. The Company set up an office in Boosaaso in late 2005 where the minerals exploration program is now based. Mineralisation occurs in the northern area of Puntland which is a rugged arid landscape and access to areas has been logistically difficult and road access is limited. However a number of potential projects have been identified and subsequently visited. During 2006 Range has made significant advances in our understanding as to the regional geology of Puntland and its mineral prospectivity.


During this period, Range has made some significant discoveries of mineralisation at:

* Magia Yahan
* Qandala
* Aantarra


Range has also discovered some interesting anomalous uranium results at Yalho, however, the main potential at Magia Yahan, Qandala and Aantaara is Mesozoic silver rich lead – zinc mineralisation along the lines of the Jabali deposit in Yemen. The potential of these areas for a significant deposit is regarded as quite high.

your right Ridd.ck, they have nothing, haha............. but if u check out the CIA, yes the CIA website even they say its full of oil and Uranium and all other wonderful surprises, but again what would they know.

And this is only part of the story the rest u can find out for yourself.

I suggest you DYOR