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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 Receives Approval To List Bonds On The Stock Exchange Of Mauritius

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 Halts Further Investment in PAE PanAfrican Energy Corporation citing Regulator Delays

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 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

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

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