Tata Petrodyne seals farm-out transaction with Swala Energy after payment of $5.7 million

Swala Energy Limited has confirmed that US$5.7 million has been received from Tata Petrodyne Limited (TPL) pursuant to the farm-out transaction with TPL for the Kilosa-Kilombero and Pangani licences in … Read More

Uganda issues bid documents to 16 companies under the First licensing round

The Government of Uganda (GOU) through the Ministry of Energy and Mineral Development has issued the bidding document to the 16 Qualified Applicants which were successful following the evaluation of … Read More

Swala Energy Completes Farm-Out Of Tanzania’s Kilosa-Kilombero And Pangani Licence Interests To TPL

Swala Energy has announced that its subsidiary Swala Oil and Gas (Tanzania) Plc and Tata Petrodyne Limited (TPL) have finalised the outstanding terms of their farmout agreement for the Kilosa-Kilombero … Read More

Swala Energy Obtains One Year Licence Extension To Each of its Tanzania Licences

Australian explorer focusing on the East African Rift System Swala Energy has announced that the Tanzanian Ministry of Energy and Mining (MEM) has agreed to extend the period within which … Read More

Uganda Government Shortlists 16 firms in First Petroleum Licensing Round

The government of Uganda has announced that it has concluded the evaluation of Applications for Qualification from the 17 firms that submitted the Applications following a successful First Licensing Round … Read More

Swala Energy gets Ministerial Consent for Tanzania Farm-Outs

Swala Energy Limited has reported that its subsidiary company Swala Oil and Gas (Tanzania) Plc has received a no objection notice from the Tanzanian Ministry of Energy and Mines to … Read More

17 companies shortlisted for Uganda’s First Licensing Round for Petroleum Exploration, Development and Production

Following the end of a deadline for the Process of receiving the Request for Qualification ended on 30th June, 2015 the Ministry has said it has registered seventeen valid applicants out of … 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

Swala Energy Completes farm-out of Tanzanian Licenses to Tata Petrodyne

Swala Energy Limited has announced that Swala Oil and Gas (Tanzania) Plc has reached agreement with Tata Petrodyne Limited a subsidiary of the multinational Tata Sons Limited, under which TPL … Read More

Swala Energy signals possible Farm-Out deal in East Africa in coming days

Australian company exploring the East African Rift System in Kenya, Tanzania and Zambia has said it is awaiting the receipt of signed farm-out documents having finalized the final steps in the … Read More