Swala Energy has completed a 2D seismic programme over the Kilombero Basin.
Swala confirmed its 58.5% owned subsidiary company, Swala Oil and Gas (Tanzania) Plc, has successfully completed its 430km 2D seismic programme over the Kilombero Basin in central Tanzania.
The seismic programme identified a series of structural leads on the western margin of the basin.
Dr. David Ridge, chief executive, said “This is a major achievement by Swala as we have now fully met our work programme commitments for the past 3 years on the Kilosa-Kilombero PSA exploration area.
“We have broken new ground, proving three sedimentary basins and in the Kilombero basin, multiple structural leads and prospects in a young (Neogene) basin. We are now looking forward to the results of detailed mapping, basin modelling and seismic amplitude anomalies before targeting our drill candidate.”
Swala Tanzania has a 50.0% net interest in this licence.
