History
Europeans found the Bemolanga field in the 19th century and the Tsimiroro field in the early 20th century. However, the extensive oil seeps associated with both fields had been known to the local Malagasy population for centuries. During the 20th century various colonial and later overseas companies looked at the fields but never moved beyond initial exploration.
Sam Malin became aware of the fields in 1994. It took him nearly ten years to find financial partners to start an in-depth appraisal and ultimately development of the fields. As a result of his finally succeeding in his quest for such backing, Madagascar Oil was created in 2004.
Read more about this topic: Madagascar Oil
Famous quotes containing the word history:
“To summarize the contentions of this paper then. Firstly, the phrase ‘the meaning of a word’ is a spurious phrase. Secondly and consequently, a re-examination is needed of phrases like the two which I discuss, ‘being a part of the meaning of’ and ‘having the same meaning.’ On these matters, dogmatists require prodding: although history indeed suggests that it may sometimes be better to let sleeping dogmatists lie.”
—J.L. (John Langshaw)
“When the landscape buckles and jerks around, when a dust column of debris rises from the collapse of a block of buildings on bodies that could have been your own, when the staves of history fall awry and the barrel of time bursts apart, some turn to prayer, some to poetry: words in the memory, a stained book carried close to the body, the notebook scribbled by hand—a center of gravity.”
—Adrienne Rich (b. 1929)
“The only history is a mere question of one’s struggle inside oneself. But that is the joy of it. One need neither discover Americas nor conquer nations, and yet one has as great a work as Columbus or Alexander, to do.”
—D.H. (David Herbert)