TANZANIA: Orca Energy Group Inc. Announces Independent Reserves Evaluation for Year End 2022

The Company’s conventional natural gas reserves as at December 31, 2022 for the period to the end of the primary (25 year) term of the production sharing agreement with the … Read More

SWALA OIL & GAS, TATA PETRODYNE LIMITED PARTNERSHIP ENDS IN TANZANIA’S KILOSA-KILOMBERO LICENCE

Swala Oil & Gas (Tanzania) plc in its December announcement said it had exercised its option under the Kilosa-Kilombero Joint Operating Agreement to require Tata Petrodyne Limited to withdraw from … Read More

Swala Receives Approval To List Bonds On The Stock Exchange Of Mauritius

Swala Oil & Gas (Tanzania) has announced that the Stock Exchange of Mauritius has approved the Company’s Listing Prospectus, allowing the listing of the Company’s US$50 million Corporate Bonds on … Read More

Swala Declares Force Majeure Under The Kilosa-Kilombero PSA After Lacking Necessary Approvals

Swala Oil & Gas has advised that the Kilosa-Kilombero Joint Venture have declared Force Majeure under the Kilosa-Kilombero Production Sharing Agreement (“PSA”) awarded in February 2012. In 2013 the Company … Read More