SWALA 490     PAL 400     TTP 120     MCB 500     JHL 5,800     YETU 550     EABL 3,320     TCCL 500     MBP 490     KA 80     TICL 350     DCB 265     KCB 770     MUCOBA 400     TBL 10,900     NICO 165     NMG 340     TCC 17,000     SWIS 1,180     TOL 550     CRDB 165     DSE 880     NMB 2,340     TPCC 2,500     VODA 770     MKCB 780     USL 5     

Swala Oil and Gas (Tanzania) plc

End of Day - 23 Oct 2020
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Sector : Oil & Gas

Swala Oil and Gas (Tanzania) plc ("Swala") is an oil and gas company listed on the Dar es Salaam stock exchange with assets in Tanzania and Burundi and an active growth programme in both Africa and elsewhere. Our current exploration licences are the Kilosa-Kilombero licence in Tanzania and Block D in Burundi. Swala has a 75% participating interest in Kilosa-Kilombero and a 100% participating interest in Block D. Swala has also become a shareholder of PAE PanAfrican Energy Corporation ("PAEM"), a Mauritius-registered company that owns PanAfrican Energy Tanzania Limited("PAET"). PAET in turn holds the rights granted by the Government of Tanzania to explore, develop, market, produce and sell natural gas from the Songo Songo gas field in Tanzania, the associated infrastructure and distribution and marketing agreements with private sector and state enterprises.