Swala Energy Awards Drill Support Contract in Tanzania

Swala Energy has announce that its partly-owned subsidiary, Swala Oil and Gas (Tanzania) the operator of the Kilosa-Kilombero and Pangani licences, has awarded the Drill Support Team contract for the 2016 drilling campaign to the Tanzanian subsidiary of AWT International (Asia) Sdn Bhd, a Singapore-headquartered firm offering subsurface, subsea and surface facilities engineering services and contracting solutions to the oil and gas industry.

The Drill Support Team will effectively act as Swala Tanzania’s drilling management team, tasked with designing the wells, implementing the planning required ahead of the wells, including the ordering of long-lead items, and primarily to engage with rig contractors (and operators) in the area to determine the optimal rig sequencing and the design and cost of the wells.

According to Swala CEO Dr. David Mestres Ridge this award allows drill planning to commence in the two Tanzania licenses.

“We are delighted to be able to award the Drill Support Team Contract to AWT, who submitted a very comprehensive bid that was specifically aimed at Swala’s requirements for the drilling phase in our exploration licences in Tanzania. This award allows the drill planning to commence immediately and allow us to achieve our 2016 drilling objectives,” he said.

Swala Energy is the operator in both licenses with 25 percent participating interest after recent farm-out to India’s  Tata Petrodyne Limited which holds similar interest while Otto Energy (Tanzania) Pty Ltd (Subsidiary company of Otto Energy) holds the remaining 50 percent interest.