Solo Oil Raises £2M to Fund Tanzania’s Ntorya-2 Appraisal well

Solo Oil has announced that it has raised £2,000,000 gross proceeds through the issue of 1,111,111,111 new ordinary shares in a Company sponsored placement to a single institutional investor, being Epsilon Pty … Read More

Tarach-1 well in Kenya’s Block 11A cost CEPSA, ERHC over $25M

The Tarach-1 well which commenced drilling on April 14th 2016 in Block 11A could have cost the two joint venture partners Compania Espanola de Petroleos (CEPSA) operator* and ERHC over … Read More