EXPLORATION

Mixed news for Swala

AFRICAN explorer Swala Energy, which is aiming to drill a wildcat well at its Kito prospect in Tanzania before the end of the year, has upgraded the size of its prize to 184 million barrels, dropped one permit and plans to collect further data to deal with some geological uncertainties in Kenya.

Swala, which is joint ventured with fellow Australian junior Otto Energy, said this morning that Gaffney, Cline & Associates had completed its review of both the resource potential of the Kilombero Basin,...

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