DRILLING of the large Kito prospect in the East African Rift System looks set to advance after years of delays, with Swala Oil & Gas striking a deal with the Tanzania Petroleum Development Corporation that has seen it lift its months-old force majeure on the Kilosa-Kilombero permit.
Swala now expects to have a drilling permit in hand to allow it to drill Kito-1A next year, three years later than originally hoped. Swala was once owned by an ASX-listed parent company, Swala...
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