Posted in Top News

ARA Petroleum Tanzania Takes Over Operatorship of Ruvuma PSA following Farm-Out

ARA Petroleum Tanzania an affiliate of Eclipse Investments, the largest shareholder in Zubair Corporation will take over operatorship of the Ruvuma…

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Aminex To Evaluate High Grade Leads To Drill Ready Targets In Tanzania

Aminex has said it is evaluating high grade leads in its licenses in Tanzania in a bid to add to…

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Ntorya 3 Ready To Spud in H2 2018, As Ntorya Field declared Commercial

Aminex has said it expects spud the Ntorya 3 well in Tanzania in H2 2018 with the well planned to…

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Kiliwani North Well Production Up in December,Aminex Seeking Remedies

Aminex has reported that the Kiliwani North well produced 95 MMcf of gas during the month of December up from…

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Solo Oil Secures $5 Million to Fund Tanzania, Horsehill Operations

Solo Oil has entered into a Convertible Loan Agreement with institutional investors arranged by RiverFort Global Capital for a total maximum…

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Solo Oil Won’t Invest More Funds in Tanzania’s Helium One Project

Solo Oil has announced that it will now not exercise the call option with Helium One and has terminated plans to…

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Aminex Reports Resource Estimate increase in Tanzania’s Ntorya Appraisal area

Aminex has reported a material increase in its estimate of gas initially in place (GIIP) in the Ntorya appraisal area,…

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Solo Oil raises £2M to fund Tanzania’s Ntorya 2 well testing

Solo Oil has announced that the company has raised £2,000,000 (before expenses) through a Company sponsored placing. The net proceeds from the…

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Aminex Discovers Gas In Tanzania’s Ntorya-2 Well

Aminex has announced that the Ntorya-2 appraisal well located at the Ruvuma Production Sharing Agreement has been successfully drilled to…

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Aminex Provides Ntorya-2 Operations Update

Aminex has provides the following update on the Company’s drilling activity in the Ruvuma Basin, Tanzania, where the Ntorya-2 appraisal…