BOTSWANA: Tlou Energy Raises £1.7M Placement be Used for Drilling of Gas Production Wells

Tlou Energy Limited has announced that it has received firm commitments to raise A$3,072,864.71 (~£1.695 million, ~BWP 26.485 million) before expenses pursuant to a placing of 87,796,135 new ordinary shares … Read More

Could Restructuring African NOCs via Partial Privatization be a Game Changer in the African Oil and Gas Industry?

The prevailing system in African NOCs means a growing social and financial burden to oil producing countries that translates into low wages, poor quality goods and services By Leoncio Amada … 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

Talks between Afren and SEPLAT Petroleum Development Company fail

On 22 December 2014, Afren plc announced that it had received a highly preliminary approach from SEPLAT Petroleum Development Company plc (Seplat) regarding a possible combination with Afren. Seplat was … Read More