Swala Energy appoints financial advisor as it considers farm-down in East Africa

  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 … Read More

Swala Energy Receives Funding for Exploration in its East African Acreage

[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

Tanzania’s Kilombero basin Seismic Shows Multiple Structures similar to the Lokichar basin

Swala Energy Limited has announce that the seismic survey being carried out in the Kilombero Basin by Swala Oil and Gas (Tanzania) Plc has provided the first evidence of multiple … Read More

Swala Energy to raise $4.4M to fund activities in Kenya and Tanzania

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 farms out block 12B, secures funding for multi-well drilling program

Australian oil and gas company Swala Energy Limited has announced the signing of a binding farm-out agreement for a 25% working interest in Block 12B (Kenya) with an international integrated oil and … Read More