Swala ditches Zambia

SWALA Energy is formally pulling out of Zambia as it moves to focus on its inaugural drilling campaign in Tanzania next year with the appointment of a drilling management team.

06 November 2015
comments

In Zambia the company has abandoned its exploration activities, citing lack of opportunities for expansion.

The company was awarded Block 44 in 2014, but after spending around $US1.5 million $A2.

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