Swala Oil & Gas Hints 12 month License Extension in Tanzania’s Kilosa Kilombero

Swala Oil & Gas (Tanzania) plc has announced that it has received a 12 month extension from the Ministry of Energy and Mines at the Kilosa Kilombero license although with … Read More

Update: Swala Energy Exits Kenya’s Block 12B

Oilnews Kenya can confirm that joint venture partner in Kenya’s block 12B Australia’s Swala Energy has exited from the license as earlier reported. According to communication from Tullow Oil the … Read More

Tanzania’s Kito Prospect Drilling in Doubt as JV dispute rages

The drilling of the Kito prospect in the Kilosa-Kilombero license in Tanzania earlier set for Q3 2016 is in doubt going by the latest corporate presentation by JV partner Otto … Read More

Swala Energy’s Kito Prospect on Schedule for Drilling in 3rd Quarter 2016

Swala Energy and Tata Petrodyne  have said all is set to drill at the Kilosa Kilombero license in Q3 2016 with the latest feasibility study showing the majority of roads … Read More

Swala Energy receives Funding from Hayaat International for exploration in East Africa

Swala Energy has received interim funding from Hayaat International Limited a cornerstone investor who holds an equity interest of 9.2% of the Company. The loan is to be made available … Read More

Swala Energy signals possible Farm-Out deal in East Africa in coming days

Australian company exploring the East African Rift System in Kenya, Tanzania and Zambia has said it is awaiting the receipt of signed farm-out documents having finalized the final steps in the … Read More

Swala Energy Receives Funding for Exploration in its East African Acreage

[twitter-follow screen_name=’oilnewskenya’] Swala Energy Limited has announced that Swala has received US $750,000 under the terms of the Convertible Note Facility pursuant to the Company’s ASX Announcement in mid December. … Read More

Swala Energy hints possible Farm-in in Eastern Africa

Swala Energy has announced that it is in farm-in conversations in Eastern Africa as the company seeks ways of raising alternative funding transactions. This follows the withdrawal of a share … Read More