Checking in on DeHaemer’s East African Oil Story

by Travis Johnson, Stock Gumshoe | March 9, 2012 4:00 pm

Friday File look at a teaser that continues to circulate, with some new twists (and stocks) and a personal buy.

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Source URL: https://www.stockgumshoe.com/reviews/crisis-and-opportunity/checking-in-on-dehaemers-east-african-oil-story/


4 responses to “Checking in on DeHaemer’s East African Oil Story”

  1. ytse says:

    For high/crisis investment, I prefer MAUXF, every well they drill, it has oil (100% rate!) but only it is in Nigeria.
    Secondly, NZERF is a sure thing. From 77 cents now it is $3.00 plus. I think this one has leg.

  2. Great news today — oil discovered at about 1,000 meters in that first well in Kenya. More drilling continuing to 2,700 meters, but the market is excited by this early verification of the viability of AOI’s assets. Next news probably in a few weeks from Somalia, but I’d much rather see them hit big in Kenya than in Puntland if I get to choose. Will hold on to my shares and see how results go — no real estimated of amount of oil yet, just confirmation that they hit a sizable 20 meter-deep reservoir. I’ll take it!

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