worth a punt

An extract from today's Intersuisse notes:-

Impact

RRS has acquired the oil and mineral rights to a large area in Somalia that holds enormous potential, particularly for the discovery of oil. Structural and lithological parallels with Yemen attracted major oil companies to the area in the mid 1980’s. However civil
unrest put a sudden end to their activities before adequate evaluation had taken place.

With the support of the State of Puntland, RRS has reassembled the exploration plans of former operators and has attracted a joint venture partner who will fund the first US$45 million of exploration. A free ride on a potential elephant.