Africa's Oil, Gas and Energy News.
The Company’s conventional natural gas reserves as at December 31, 2022 for the period to the end of the primary (25 year) term of the production sharing agreement with the … Read More
Swala Oil & Gas (Tanzania) has advised that it has received an extension to the Kilosa-Kilombero licence from the Ministry of Energy in Tanzania. The licence extension, valid for two … Read More
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 Oil & Gas (Tanzania) plc has lifted the Force Majeure over the Kilosa-Kilombero licence announced to the market on the 23rd April 2018. According to Swala the Company has … Read More
Swala Oil & Gas (Tanzania) has announced that the Stock Exchange of Mauritius has approved the Company’s Listing Prospectus, allowing the listing of the Company’s US$50 million Corporate Bonds on … Read More
Swala Oil & Gas (Tanzania) has announced that it will not extend the deadline to complete the previously announced investment by Swala in PAE PanAfrican Energy Corporation, a subsidiary of … Read More
Swala Oil & Gas (Tanzania) plc has announced that Orca Exploration Group Inc. (Orca) has agreed to an additional extension to the date by which the second closing and third … Read More
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
Orca Exploration Group has confirmed that it is in discussions with Swala Oil & Gas (Tanzania) plc regarding a possible minority investment in PAE PanAfrican Energy Corporation (PAEM), a Mauritius-registered … Read More
Swala Oil & Gas (Tanzania) PLC has announced that it has entered into a letter of intent with a global institutional investor Exotix Partners LLP for the placement of junior … Read More
