Its FRACKING ... or
shale oil. Almost without warning, the US is almost self sufficient in
oil. The map from Fortune is amazingly clear. The US already produces as
much oil as the following combined countries: Venezuela, UK, UAE,
Ukraine, Libya, Oman and Ecuador. All the less reasons to go to war from
now on.
FORTUNE: U.S. oil production suddenly rivals that of some major exporters.
The U.S. is in the middle of an oil boom. Over the past several years,
advances in fracking technology have allowed the U.S. to tap into its
vast reserves of shale oil, making the country one of the world’s
largest producers of crude, upending the global energy marketplace. With
nearly two-thirds more output now than six years ago, the U.S. produces
8.4 million barrels of crude per day. That’s still less than Russia,
but more than twice as much as Iran or Canada. Texas alone now
out-gushes the United Arab Emirates, Mexico, and Nigeria. Forget
OPEC—meet the new league of oil-producing states, the united ones. (click the map to enlarge)
US do not need to impose sanctions on Russia...Pakat with
the Saudis to drop the oil price so low that Russia will go Bangkrupt.
Remember 45% of Russin income is from Oil. Since nearly half of Malaysian Government's revenue is also from oil the danger of it going the same way as Russia is real.
SANICHI-RENOUNCEABLE
RIGHTS ISSUE OF 521,957,503 NEW ORDINARY SHARES OF RM0.10 EACH IN STB
(“STB SHARE(S)” OR “SHARE(S)”) (“RIGHTS SHARES”) TOGETHER WITH
347,971,517 FREE DETACHABLE WARRANTS (“WARRANTS C”) AT AN ISSUE PRICE OF
RM0.10 PER RIGHTS SHARE ON THE BASIS OF THREE (3) RIGHTS SHARES
TOGETHER WITH TWO (2) WARRANTS C FOR EVERY TWO (2) EXISTING STB SHARES
HELD ("RIGHTS ISSUE WITH WARRANTS”)
SANICHI TECHNOLOGY BERHAD
LISTING'S CIRCULAR NO. L/Q : 71571 OF 2014
We are pleased to advise that:-
(i)
STB's additional 521,957,503 Rights Shares issued pursuant to the
Rights Issue with Warrants will be granted listing and quotation with
effect from 9.00 a.m., Wednesday, 1 October 2014; and
(ii)
STB's 347,971,517 Warrants C issued pursuant to the Rights Issue with
Warrants will be admitted to the Official List of Bursa Securities and
the listing and quotation of these Warrants on the ACE Market, will be
granted with effect from 9.00 a.m., Wednesday, 1 October 2014.
The Stock Short Name, ISIN Code and Stock Number of the Warrants are "SANICHI-WC", “MYQ0133WCT90” and "0133WC" respectively.
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US do not need to impose sanctions on Russia...Pakat with the Saudis to drop the oil price so low that Russia will go Bangkrupt. Remember 45% of Russin income is from Oil.
Since nearly half of Malaysian Government's revenue is also from oil the danger of it going the same way as Russia is real.