Another positive comment there eegbvi. The theme continues. Various government's SF are already tackling Al Shabab; for a commercial entity concerned with their security, an RMC is the more likely solution. Less security risk than Nigeria, so I doubt World War Three is about to start, centred on TRP's investment. Unless, maybe, Al Shabab had invested in TRP's Namibia exploration and want revenge for the lack of RNS.
This will get messy with Al Shabab involved for the Muslim Somali Wajir pastoralists who are themselves Muslim Somali stock with no love for the Nairobi Christian Kikuyu Govt. Looks like there's already been a spot of bother in Wajir. They may have to call in the GSU on behalf of any non Somali Wajir residents plus the oil cos. Enter then the US drones and watch the fireworks. SAS based in Nanyuki may also help as its quite near for them. Plenty of Somali 'nuts' easy drive to Wajir so it will be possibly a mini war zone for a short time.
News from Stockhouse Taipan bb.
Article The High Court has allowed three multi-national companies to continue with oil and gas exploration in parts of Wajir County. Justice George Odunga ruled that Lion Petroleum Corporation Limited, Taipan Resources Incorporation Limited and Premier Oil Plc have a right to continue with the exploration but within designated areas and without interfering with the nomadic life of the residents. RIGHTS TO BE PROTECTED “The companies and the residents both have rights to be protected. For the balance to protect each interest, they should continue mining within the 36 hectares they are occupying without subjecting the residents to any mass eviction,” said Justice Odunga. The judge had, last week, stopped the exploration after a petition by some residents who claimed that they were facing eviction and that they were not consulted before the projects begun. The residents had claimed the project would lead to displacement of the Ajuran people and that the drilling would result in development of well pads, pipelines, airstrip access roads and other infrastructure that would lead to clearing of vegetation which is their grazing land. But the companies, through lawyer Mohammed Nyaoga, submitted that the residents lied that they are facing imminent eviction. “The petitioners approached the court with unclean hands and should not be entitled to any order. They lied that the companies had not undertaken any environmental impact assessment when they are aware of the measures taken to address any adverse impacts,” said Mr Nyaoga. FAILED TO DISCLOSE They also failed to disclose to the court that they have filed similar suits before three different judges but failed to get orders in any of the suits, the lawyer added. He said the companies have invested over Sh1.2 billion in the project and stopping them will expose them to losses and penalties for contracts they have entered with third parties. He urged Justice George Odunga to suspend the temporary order and let the oil firms continue with their work. Hearing continues on November 25. Read more at http://www.stockhouse.com/companies/bullboard/v.tpn/taipan-resources-inc#jWx0ZZERDPt8lYcu.99
Presumably, because the poster has shares in ROSE and RMP??......
Why is Kenya now still uncertain with the OK on court ruling?? TRP due to drill there in 1st 2015 qtr
from another poster: with kenya still uncertain, when is the next drilling in TRP? those looking for next drilling, ROSE is much better bet as they will drill 1 or maybe two in december 2015. aiming to be in production in Q1 2015 ! another one to look is RMP, which is drilling in Q1 2015. current mc of below cash provides excellent entry and cheap entry to RMP.
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