Jacka Resources Still Considering Withdrawal from Tanzania’s Ruhuhu Block

Ruhuhu Basin operator Jacka Resources has said it is considering the negotiated withdrawal of Tanzania’s Ruhuhu Block after an unsuccessful farm-out campaign it initiated in September 2014. This is the … Read More

Solo Oil Raises £2M to Fund Tanzania’s Ntorya-2 Appraisal well

Solo Oil has announced that it has raised £2,000,000 gross proceeds through the issue of 1,111,111,111 new ordinary shares in a Company sponsored placement to a single institutional investor, being Epsilon Pty … Read More

Aminex receives first payment for gas produced from Tanzania’s Kiliwani North-1 Well

Kiliwani North license operator Aminex has announced that it has received first payment in relation to gas produced from the Kiliwani North-1 well in Tanzania and supplied to the Tanzania … Read More

Tanzania’s Kiliwani North well reaches 30 mmcf per day during commissioning

Aminex has announced that over the weekend, gas production from the Kiliwani North-1 well in Tanzania reached 30 mmcf per day (approximately 5,000 barrels of oil equivalent per day) with … Read More

Aminex Receives One Year Extension For Tanzania’s Ruvuma PSA

Aminex has announced that it has received a one-year extension for the Mtwara Licence of the Ruvuma Production Sharing Agreement after completing discussions with the Tanzanian Petroleum Development Corporation (TPDC) … Read More

TPDC, Minjingu Mines & Fertilizer Company Sign Mou To Assess Songo Songo West License

The Tanzania Petroleum Development Corporation (TPDC) and the Minjingu Mines & Fertilizer Company Ltd of Arusha have signed a Memorandum of Understanding (MoU) to cooperate in conducting detailed assessments in … Read More

Ntorya Appraisal drilling in Tanzania’s Ruvuma to commence in Q3

Appraisal drilling in the Ruvuma PSA following the Ntorya 1 discovery is expected to commence this summer according to Block operator Aminex. Two wells will be drilled in the Block … Read More

Solo Oil Raises $1.1M to Fund Kiliwani North Development Licence Interest Increase

Solo Oil has announced that it has raised £800,000 (approx. $1.13M) gross proceeds in a Company sponsored placement to be deployed in the Company’s active investments in Tanzania. The proceeds according to Solo … Read More

Solo Oil Signs SPA to Increase Interest at Kiliwani North License

Solo Oil has announced that further to the agreements previously announced with Aminex plc to acquire a further interest in the Kiliwani North Development Licence (KNDL) the company has now executed … Read More

Tanzania’s Gas Demand To Outstrip Supply by 2018

Tanzania is expected to surpass its current supply in the next two years with the current demand being 80mmscf/d mainly from existing power plants as the country continues to experience … Read More