Swala Energy to Relinquish Tanzania’s Pangani License

Australian oil and gas exploration company Swala Energy has reported it has notified  the Tanzania Petroleum Development Corporation together with partners Tata Petrodyne and Otto energy its desire to relinquish … 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

Swala Energy to seek alternative funding for drilling in East Africa

[twitter-follow screen_name=’oilnewskenya’] Board members of Australian explorer Swala Energy have said the company will be seeking alternative funding to finance its drilling obligations ahead of its planned campaign in 2015 … Read More

Swala Completes Seismic Acquisition Survey in Tanzania’s Moshi Basin

Swala Energy Limited has announced the successful completion of the 200 km 2D seismic acquisition programme carried out by its subsidiary company, Swala Oil and Gas (Tanzania) Plc over the … Read More

Swala commences 2D seismic acquisition over Tanzania’s Moshi basin

[twitter-follow screen_name=’oilnewskenya’] Swala Energy Limited has announced the start of its 2014 2D seismic data acquisition programme over the Moshi Basin located within the Pangani exploration licence in northern Tanzania. … Read More