Africa's Oil, Gas and Energy News.
Swala Energy Limited has announced that, following the completion on the 31st March 2015 of the strategic review process managed by FirstEnergy Capital LLP, the Company has received a number … Read More
East Africa focused Australian explorer Swala Energy has announced that it is in the preliminary stages of planning a listing on the AIM Market of the London Stock Exchange as … Read More
The number of drilling rigs in Kenya is expected to significantly fall in Kenya in 2015 as oil companies cut down on exploration as well as the main players’ ramp … Read More
Swala Energy Limited has announced that has successfully completed its 430km 2D seismic programme over the Kilombero Basin in central Tanzania. As the Company earlier announced in October 2014, initially … Read More
[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
[twitter-follow screen_name=’oilnewskenya’] Swala Energy has said it has dropped its arbitration proceedings against CEPSA in respect to Block 12B pursuant to its announcement of the 10th November 2014. According to … Read More
Swala Energy has announced that it is in farm-in conversations in Eastern Africa as the company seeks ways of raising alternative funding transactions. This follows the withdrawal of a share … Read More
[twitter-follow screen_name=’oilnewskenya’] Board members of Australian explorer Swala Energy have said the company will be seeking alternative funding to finance its drilling obligations ahead of its planned campaign in 2015 … Read More
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 (Kenya) Limited and Tullow Kenya B.V. have announced they have identified a prospect to be drilled in the second half of 2015 in block 12B. This follows the … Read More
