CRDB 170     DCB 265     EABL 3,240     JHL 5,700     KA 80     KCB 780     MBP 490     NICO 165     NMB 2,340     NMG 350     PAL 400     SWIS 1,180     TBL 10,900     TCC 17,000     TCCL 500     TOL 550     TPCC 2,520     TTP 120     SWALA 490     USL 5     MKCB 780     MCB 500     YETU 550     MUCOBA 400     DSE 880     VODA 770     TICL 350     

Swala Oil and Gas (Tanzania) plc

End of Day - 30 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.