About Somaliland ________
> Situated on Eastern Horn of Africa.
> Borders with Djibouti, Ethiopia and Somalia.
> Across Gulf to Aden and Saudi Arabia.
> Population 3.5 million.
> Agricultural based economy
> Tropical Monsoon Climate
> Land Area 68,000 square miles
> Only African country without foreign debt
Prospects for Oil in Somaliland :
> Long term interest of oil companies in Somalia &
Somaliland.
> Substantial reserves found in Yemen. According to Geologists,
the
Yemen reserve is part of continuous deposit, crossing into
Somaliland.
> Somaliland & Yemen joined together millions of years
ago.
> Somaliland possesses all the requirements for a petroliferous
province.
Geological Observations :
> Hydrocarbons (oil and gas) have been generated in the
Jurassic,
Cretaceous and Tertiary rocks and has a sedimentary column
thickening to 8830m.
> Many porous reservoirs are known, both in carbonate and
clastic
rocks, and various types of traps are probably present.
> Thomas O'Connor, Chief Petroleum Engineer for the World
Bank
(headed in-depth 3 year study of oil prospects in the Gulf
of
Aden, off Somaliland cost): "It's there. There is no
doubt there is oil
there. You don't know until you study a lot further just how
much
is there and it has commercial potential."
Petroleum Exploration (White Paper)
Petroleum Prospects - Geology Blocks (Introduction)
Petroleum Prospects - Geology Blocks (Summary)
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