RE:RE:RE:Can’t read the full article but looks like Kenya may be in pOffshore is clearly the preferred area to invest just to keep the peasants at bay, unless one has an iron fist leadership backed with ruthless army, or a willing and participatory population. Safest bet is always offshore. The Russians could always step in... their O&G revenue is up 35% over last year, are proven operators with no shortage of all the materials and experts needed to develop Kenya just look at how they helped Iran boost production rapidly.
toptiger wrote: think farm down to 12.5% and have free ride on pipeline capex (if that is what you meant) is my very best case scenario, if we have 140 say million barrels (and think resource in ground would actually increase over time as most do) then i'd be happy with cashing in say $300 mill as well (with no pipeline carry)
either way, i see 2-300 million dollars being extracted in value some how, and deadline is early may i think, so something will have to happen
and upstream have been right on everything so far....