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zambia awards exploration permits

  1. 2,313 Posts.

    http://daily-mail.co.zm/blog/2013/10/31/oil-and-gas-search-to-start-soon-yaluma/

    By KALONDE NYATI
    OIL and gas explorations are expected to commence soon following the awarding of oil and gas blocks to successful bidders, Minister of Mines, Energy and Water development Christopher Yaluma says.
    Mr Yaluma said that Government recently completed the evaluation of bids for oil and gas explorations and has since informed the successful bidders.
    “I can confirm that Government has awarded licenses to the successful bidders based on recommendations and our own evaluation as the ministerial petroleum committee and the investors have been informed about the development,” he said.
    He said this in an interview last weekend.
    In May this year, Government invited bids for oil and gas exploration licenses in 31 blocks in Luapula, Northern, North Western, Western, Southern and Eastern Provinces in accordance with the provisions of Section 9 of the Petroleum -Exploration and Production Act No. 10 of 2008.
    Mr Yaluma, who could however not name the successful bidders, said the companies include British, South African and French firms.
    He said the investors are expected to move on sites soon.
    “The successful bidders will be moving on the sites soon as they mobilise funds. It is important to note that these projects require a lot of money,” he said.

    ___________________________________________________________


    Unfortunately No Company Names are mentioned...but with some luck...

    The Red light is on,
    Jockeys mounted,
    Gates closed,
    Crowd stands,
    Commentators quiet,
    All set,....
    and we're racing .....in the Inaugural Zambia Petroleum and Exploration Cup.

    Hot out of the gates is Swala, Shes a strong looking filly, barely a year old, with international breeding, and backed by world leading trainers & jockeyed today by Dr D, well versed in Slick African Tracks...

    Bunching at the turn, its Swala in front.

    Shes out by a nose and cruising the rail...still looking strong and not even a sweat yet...

    Ohh theres a fall, a collision, Looks to be between AfricaOilgottomuchalready and Marathonidontwantanymore, he lost his jockey...there gone....

    Approaching the second turn...and it STILL Swala...shes a African Queen alright...Dropping off the pace is Tullowigottoomuchtoo...also struggling is ShellBRightMate moving to the rear of the field.....

    Home stretch....its Swala in front and now out by a length, and here comes PureVidaPrincess, and AussieOtto...

    Swala....it's Swala all the way....

    100 metres to go.....its Swala, AussieOtto and PurevidaPrincess......

    50 metres, no change in the order....there all neck and neck.....

    25 metres...Its AussieOtto, Swala, ..no its Swala in front

    Photo finish....picking Swala by a neck, followed in by AussieOtto and Purevida....wait the call....

    Is it one, two or three for Swala? We have to wait for the call from the judges....either way, shes a winner today in our books.



    Well, a stellar run from the young filly Swala...surely one to watch in the future....she's a rising star, An African Queen in waiting.

    And now, back to our regular broadcast :), results will be announced when adjudicated.

    Bugger :)
 
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