posted on Aug, 6 2009 @ 08:56 AM
Pity Uganda ... they are now an oil rich nation. A country that has been ravaged by war is now sitting on top of a field estimated by some experts to
be worth almost 2 billion barrels of oil.
Africa's oil history has been one of war and ethnic violence as various groups manouever to gain control of the oil fields.
Northern Uganda suffered from civil unrest since the early 1980s. Hundreds of people were killed in the rebellion against the Ugandan government,
and an estimated 400-thousand people were left homeless. Political violence increased in Kampala with the 1998 and 1999 bombings of several popular
restaurants nightclubs, and other public places. Eight foreign tourists, including two Americans, were murdered by an Interehamwe guerilla group in
Bwindi National Forest in March 1999. Rebels were active in the northern and western sections of Uganda.
This oil find will add more fuel to the fire:
British Tullow Oil plc said Thursday it had discovered a new field in Uganda estimated to have up to 50 million barrels.
While the latest findings raise the confirmed figure to more than 700 million, industry watchers believe that when all exploration is finished
total reserves could reach two billion barrels