Solo Oil Raises $1.1M to Fund Kiliwani North Development Licence Interest Increase

Solo Oil has announced that it has raised £800,000 (approx. $1.13M) gross proceeds in a Company sponsored placement to be deployed in the Company’s active investments in Tanzania. The proceeds according to Solo … Read More

Solo Oil Signs SPA to Increase Interest at Kiliwani North License

Solo Oil has announced that further to the agreements previously announced with Aminex plc to acquire a further interest in the Kiliwani North Development Licence (KNDL) the company has now executed … Read More

Commissioning of Tanzania’s Songo Songo Island gas plant Set for April 2016

The Tanzania Petroleum Development Corporation (TPDC) has provided a revised work schedule in the  Kiliwani North license and informed the operator Aminex that the commissioning of the Songo Songo Island … Read More

Kiliwani North 1 Well Set for production starting mid-February

Aminex has informed its shareholders the Tanzanian Petroleum Development Corporation has advised Kiliwani North-1 well could start production in mid February and is currently undergoing final well integrity testing prior … Read More

Aminex signs Gas Sales Agreement with Tanzania Government

Aminex is set to start first production in Africa following reports that it has executed a fully-termed Gas Sales Agreement (GSA) with the Tanzania Petroleum Development Corporation (TPDC) for its … Read More

Tanzania’s Kiliwani North Gas Agreement to be Signed in Q3 2015

Production from the Kiliwani North Field could start in 2015 with the Tanzanian authorities having advised that production should start within Q3 2015 now that the main pipeline has been … Read More

Solo Oil raises £2 million through share placement to fund UK, Tanzania Investments

Solo Oil has raised £2,000,000 gross proceeds through the issue of 363,636,364 new ordinary shares funds of which will be deployed as working capital in the Company’s active investments in … Read More

Aminex to sell another 6.5% interest in Tanzania’s Kiliwani North Development Licence

Aminex is has said that it has received formal approval from the Tanzanian Authorities to sell up to 13% of its interest in Kiliwani North Development Licence (KNDL) to Solo … Read More