Posted in Top News

Swala Oil & Gas Pushes Kito 1 Well Drilling to 2019

The drilling of the Kito 1 well in Tanzania’s Kilosa Kilombero license will likely happen in 2019 following the signing…

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Orca Exploration Announces Closing of the First Tranche of the Swala Investment

Orca Exploration Group has announced that the escrow release conditions have been met regarding the first tranche of the previously…

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Swala Energy to pay Otto Energy $800,000 in Tanzania’s Pangani Settlement Agreement

The Federal Court of Australia has confirmed Swala’s obligation to pay Otto Energy (Tanzania) Pty Ltd the sum of $800,000…

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Swala Oil and Gas (Tanzania) reports $0.47M Loss in H1 2017 Results

Dar es Salaam stock exchange listed Swala Oil and Gas (Tanzania)  and a subsidiary of Swala Energy Limited. Swala Energy Limited…

Posted in Oil Politics Top News

Otto Energy, Swala Oil And Gas Agree On Tanzania Disputes

Otto Energy and Swala Oil and Gas (Tanzania) Plc have announced that they have entered into settlement and other commercial…

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Tanzania: With Gas Already in Its Bag Tanzania’s Rift System Set to Become Next Oil Frontier

Original Story by Chaby Barasa for Tanzania daily News IF recent geological findings are anything to go by, the East African…

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Swala Oil and Gas Tanzania to establish trust fund

Swala oil and gas Tanzania will establish a trust fund that will be used to collect proceeds from sales in…

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Swala Oil and Gas to raise Kshs.260 million in Tanzanian IPO

Swala Oil and Gas will starting today open its shares to the Tanzanian public selling 9.6 million shares at TZS…