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SWALA OIL & GAS, TATA PETRODYNE LIMITED PARTNERSHIP ENDS IN TANZANIA’S KILOSA-KILOMBERO LICENCE

Swala Oil & Gas (Tanzania) plc in its December announcement said it had exercised its option under the Kilosa-Kilombero Joint Operating Agreement to require Tata Petrodyne Limited to withdraw from … Read More

Swala Declares Force Majeure Under The Kilosa-Kilombero PSA After Lacking Necessary Approvals

Swala Oil & Gas has advised that the Kilosa-Kilombero Joint Venture have declared Force Majeure under the Kilosa-Kilombero Production Sharing Agreement (“PSA”) awarded in February 2012. In 2013 the Company … Read More

Swala Energy to pay Otto Energy $800,000 in Tanzania’s Pangani Settlement Agreement

The Federal Court of Australia has confirmed Swala’s obligation to pay Otto Energy (Tanzania) Pty Ltd the sum of $800,000 agreed under the Pangani Settlement Agreement in May 2017 Under … Read More

Otto Energy Doubtful of Kito-1 Drilling Until Disputes Are Resolved

Joint venture partner in the Kilosa-Kilombero license Australian explorer Otto Energy has poured cold water on the drilling of Kito-1 well until outstanding disputes with Operator, Swala Oil & Gas … Read More