KCB 750     DCB 265     NMG 315     MKCB 780     NICO 185     TICL 350     SWALA 490     YETU 550     PAL 400     MBP 490     CRDB 235     TTP 120     TBL 10,900     TCC 17,000     MCB 500     EABL 3,100     SWIS 1,120     TCCL 470     MUCOBA 400     USL 5     TPCC 2,500     JHL 5,850     KA 80     VODA 770     NMB 2,340     TOL 550     DSE 960     JATU 1,300     

Swala Oil and Gas (Tanzania) plc

End of Day - 26 Jan 2021
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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.