Africa's Oil, Gas and Energy News.
[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
[twitter-follow screen_name=’oilnewskenya’] Swala Energy has said it has dropped its arbitration proceedings against CEPSA in respect to Block 12B pursuant to its announcement of the 10th November 2014. According to … Read More
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
[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 Energy Limited has announced a Share Purchase Plan to raise up to A$5.0 million (US $4.4 million) to fund additional near-term work on the Company’s Tanzanian and Kenyan licences, … Read More
Swala Energy (Kenya) Limited and Tullow Kenya B.V. have announced they have identified a prospect to be drilled in the second half of 2015 in block 12B. This follows the … Read More
[twitter-follow screen_name=’oilnewskenya’] Swala Energy Limited advises that its wholly-owned subsidiary, Swala Energy (Kenya) Limited, has referred to arbitration a dispute with CEPSA Kenya Limited (“CEPSA”) in connection with CEPSA’s withdrawal … Read More
[twitter-follow screen_name=’oilnewskenya’] Swala Energy has announced it will be drilling its first exploratory well in Kenya’s block 12B in 2015. The company says the decision follows positive data from the … Read More
Swala Energy has requested a trading halt to last until an announcement is made which it expects to occur before the commencement of normal trading on Monday 21 July in … Read More
Swala Energy has announced the completion and preliminary interpretation of its 2D seismic programme in Block 12B in Kenya and says the results were positive. Data from the seismic acquisition … Read More
