Solo Tanzania Update

abarrelfullabarrelfull wrote on 07 Oct 2011 06:17
Tags: solo tanzania tullow upstream

Latest News

{"module":"feed\/FeedModule","params":{"src":"http:\/\/\/feed\/pages\/pagename\/blog%3A_start\/category\/blog\/limit\/10\/t\/My+Blog","limit":"3","module_body":"* %%linked_title%%"}}
  • Want a weekly review of refining news?

Solo Oil plc today announces completion of the assignment of additional interests in the Ruvuma Basin PSA in Tanzania from Tullow Tanzania BV ("Tullow").

Further to the announcement on 8 September 2011, Tanzanian Government approval for the assignment of interest between Tullow and Solo has been received and the assignment has been completed. Solo now has a beneficial interest of 18.75% in the Lindi and Mtwara licences which jointly make up the Ruvuma PSA in onshore Tanzania.

Tullow has also confirmed that Ndovu Resources Limited, a subsidiary of Aminex plc, is now the operator of the PSA. Now that operatorship has been formally transferred; an update on the timing of the planned drilling of the Ntorya-1 well, anticipated to spud during November, is expected shortly.

Unless otherwise stated, the content of this page is licensed under Creative Commons Attribution-ShareAlike 3.0 License