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Issue 469 -- 22nd-28th January 2011

Front Page

News Headlines

Somaliland To Push For Recognition After Sudan Referendum

Naked Aggression On Somaliland By Somalia Prime Minister

Local and Regional Affairs

South Korea Storms Hijacked Freighter, Rescuing Crew And Killing Pirates

Marines ‘Land Near Somali Town’
Shadowy Figure Finds A New War
South Sudan ‘Heading For Secession’
Mogadishu Demonstrations Against Al-Shabaab; Puntland Withdraws Support For The TFG

Editorial

Education’s Use For Good Or Evil

Features & Commentary

International News

Opinion

Somaliland: If Eritrea & South Sudan Could Gain Sovereignty, So Could Somaliland
Somaliland’s Private Sector Must Lead The Nation Out Of Poverty

Somali Region Extends Exploration Contract With Africa Oil For 1 Year

NAIROBI, Kenya (AP) - Africa Oil says the government of Somalia's semiautonomous northern region of Puntland has extended their oil drilling agreement for a year.
The statement from Monday says the agreement has been extended until Jan. 17, 2012.
The joint venture between Africa Oil, Range Resources Ltd. and Lion Energy Corp. requires the partners to drill one well by July 27 and another by next Jan. 17. A new partner, Red Emperor, has also joined the venture.
A statement by Africa Oil chief executive Keith Hill said he believes Puntland could hold similar oil reserves to Yemen. Yemen has more than 6 billion barrels of discovered reserves.
Puntland has a functioning government and is considered relatively stable compared with southern and central Somalia.
Source: AP





 



 



 

 


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