Swala Energy to Relinquish Tanzania’s Pangani License

Australian oil and gas exploration company Swala Energy has reported it has notified  the Tanzania Petroleum Development Corporation together with partners Tata Petrodyne and Otto energy its desire to relinquish … Read More

Swala Energy Completes Farm-Out Of Tanzania’s Kilosa-Kilombero And Pangani Licence Interests To TPL

Swala Energy has announced that its subsidiary Swala Oil and Gas (Tanzania) Plc and Tata Petrodyne Limited (TPL) have finalised the outstanding terms of their farmout agreement for the Kilosa-Kilombero … Read More

Swala Energy announces progress in its planned farm in East African assets

Swala Energy Limited has announced that, following the completion on the 31st March 2015 of the strategic review process managed by FirstEnergy Capital LLP, the Company has received a number … Read More

Swala Energy Receives Funding for Exploration in its East African Acreage

[twitter-follow screen_name=’oilnewskenya’] Swala Energy Limited has announced that Swala has received US $750,000 under the terms of the Convertible Note Facility pursuant to the Company’s ASX Announcement in mid December. … Read More

Swala Energy hints possible Farm-in in Eastern Africa

Swala Energy has announced that it is in farm-in conversations in Eastern Africa as the company seeks ways of raising alternative funding transactions. This follows the withdrawal of a share … Read More

Swala Energy to seek alternative funding for drilling in East Africa

[twitter-follow screen_name=’oilnewskenya’] Board members of Australian explorer Swala Energy have said the company will be seeking alternative funding to finance its drilling obligations ahead of its planned campaign in 2015 … Read More

Swala commences 2D seismic acquisition over Tanzania’s Moshi basin

[twitter-follow screen_name=’oilnewskenya’] Swala Energy Limited has announced the start of its 2014 2D seismic data acquisition programme over the Moshi Basin located within the Pangani exploration licence in northern Tanzania. … Read More