{"id":1791,"date":"2014-09-17T10:23:20","date_gmt":"2014-09-17T09:23:20","guid":{"rendered":"http:\/\/oilnewskenya.com\/?p=1791"},"modified":"2015-09-07T10:25:41","modified_gmt":"2015-09-07T10:25:41","slug":"swala-energy-awarded-block-44-in-zambia","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/swala-energy-awarded-block-44-in-zambia\/","title":{"rendered":"Swala Energy awarded Block 44 in Zambia"},"content":{"rendered":"

Swala Energy Limited has announced that its 93% owned subsidiary company, Swala Energy (Zambia) Limited, has been formally awarded hydrocarbon exploration rights over Block 44 in the Republic of Zambia from the Ministry of Energy.<\/p>\n

This announcement follows the announcement on 12th May 2014 when the company reported it had been offered exploration rights over Block 44 and was awaiting the formal award of the rights from the Ministry of Energy.<\/p>\n

Block 44 which lies in the southern part of the country covers an area of 6,000km2 on the margins of the Karoo-aged Kariba basin.<\/p>\n

During the first contract year Swala intends to reprocess and reinterpret the legacy seismic data as part of its work programme. Under the provisions of the award, Swala may withdraw after each of the first 2 years of the contract should the work conducted not confirm the basin\u2019s prospectivity.<\/p>\n

“We are delighted with the award of Block 44 which, as previously advised, expands Swala\u2019s asset portfolio into a potential hydrocarbon region with large energy demand. The Company looks forward to starting its technical operations and to the active management of this new licence,\u201d says Swala CEO Dr. David Mestres Ridge.<\/p>\n","protected":false},"excerpt":{"rendered":"

Swala Energy Limited has announced that its 93% owned subsidiary company, Swala Energy (Zambia) Limited, has been formally awarded hydrocarbon exploration rights over Block 44 in the Republic of Zambia … Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":1792,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[2,11],"tags":[283,1241,1584,2447,2762],"class_list":["post-1791","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-elsewhere-in-africa","category-top-news","tag-block-44","tag-karoo-aged-kariba-basin","tag-ministry-of-energy","tag-swala-energy","tag-zambia","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/swala-zambia.png?fit=482%2C338&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-sT","jetpack-related-posts":[{"id":2341,"url":"https:\/\/www.oilnewskenya.com\/index.php\/swala-energy-appoints-financial-advisor-as-it-considers-farm-down-in-east-africa\/","url_meta":{"origin":1791,"position":0},"title":"Swala Energy appoints financial advisor as it considers farm-down in East Africa","author":"Samuel Kamau Mbote","date":"January 21, 2015","format":false,"excerpt":"\u00a0 Swala Energy has announced that it has appointed London based First Energy Capital LLP as financial adviser to the Company as it considers interest from a third party to review the Company\u2019s assets available for farm-down. Swala says that it has continued to receive additional levels of interest since\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/10\/swala-energy-1.jpg?fit=650%2C451&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/10\/swala-energy-1.jpg?fit=650%2C451&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/10\/swala-energy-1.jpg?fit=650%2C451&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":2775,"url":"https:\/\/www.oilnewskenya.com\/index.php\/swala-energy-announces-progress-planned-farm-east-african-assets\/","url_meta":{"origin":1791,"position":1},"title":"Swala Energy announces progress in its planned farm in East African assets","author":"","date":"April 1, 2015","format":false,"excerpt":"Swala Energy Limited has announced that, following the completion on the 31st March 2015 of the strategic review process managed by FirstEnergy Capital LLP, the Company has received a number of expressions of interest from credible parties wanting to farm in to one or more of Swala\u00b4s licences. The company\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/swala-energy-ears.png?fit=329%2C474&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":3044,"url":"https:\/\/www.oilnewskenya.com\/index.php\/swala-energy-receives-funding-hayaat-international-exploration-east-africa\/","url_meta":{"origin":1791,"position":2},"title":"Swala Energy receives Funding from Hayaat International for exploration in East Africa","author":"","date":"June 3, 2015","format":false,"excerpt":"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 in two equal tranches and is repayable from the proceeds of the farm-outs with Tata Petrodyne Limited TPL which farmed\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/05\/Swala-Energy.png?fit=455%2C492&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":2436,"url":"https:\/\/www.oilnewskenya.com\/index.php\/swala-energy-receives-funding-for-exploration-in-its-east-african-acreage\/","url_meta":{"origin":1791,"position":3},"title":"Swala Energy Receives Funding for Exploration in its East African Acreage","author":"Samuel Kamau Mbote","date":"December 29, 2014","format":false,"excerpt":"[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\u2019s ASX Announcement in mid December. Under the terms of the Facility 750,000 Convertible Notes will be issued subsequent funding of up to US $750,000 per\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/10\/swala-energy-1.jpg?fit=650%2C451&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/10\/swala-energy-1.jpg?fit=650%2C451&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/10\/swala-energy-1.jpg?fit=650%2C451&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":3276,"url":"https:\/\/www.oilnewskenya.com\/index.php\/swala-energy-obtains-one-year-licence-extension-tanzania-licences\/","url_meta":{"origin":1791,"position":4},"title":"Swala Energy Obtains One Year Licence Extension To Each of its Tanzania Licences","author":"","date":"August 31, 2015","format":false,"excerpt":"Australian explorer focusing on the East African Rift System Swala Energy has announced that the Tanzanian Ministry of Energy and Mining (MEM) has agreed to extend the period within which an exploration well must be drilled in each of the Kilosa Kilombero and Pangani licences in Tanzania to the 20th\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/08\/swala-tanzania-seismic-map.png?fit=264%2C375&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":4134,"url":"https:\/\/www.oilnewskenya.com\/index.php\/swala-energy-prepares-for-drilling-of-kito-prospect-in-tanzania\/","url_meta":{"origin":1791,"position":5},"title":"Swala Energy prepares for drilling of Kito Prospect in Tanzania","author":"","date":"November 24, 2015","format":false,"excerpt":"Swala Energy has started the process of looking for a drilling company for the Kito 1 Exploration Well in the Kilosa-Kilombero Block expected to spud in Early September 2016. According to details on the expression of interest by the explorer the EOI is also a rig survey to establish viable\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/06\/swala-energy.jpg?fit=606%2C441&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/06\/swala-energy.jpg?fit=606%2C441&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/06\/swala-energy.jpg?fit=606%2C441&ssl=1&resize=525%2C300 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/1791","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=1791"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/1791\/revisions"}],"predecessor-version":[{"id":3474,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/1791\/revisions\/3474"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/1792"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=1791"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=1791"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=1791"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}