Solo Oil PLC Company News

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Solo Oil: Ntorya-2 Rig Mobilization Underway, Spud Expected December
Tuesday, October 18, 2016 Solo Oil plc announced Tuesday that site preparations for the Ntorya-2 appraisal well have now been completed and that the mobilization of the Caroil#2 rig from the Ntorya-1 wellsite is now underway.

Solo Oil Opts Out of Immediate Option to Extend KNDL Equity
Wednesday, September 07, 2016 Solo Oil has informed Aminex plc that it does not intend to exercise its immediate option over a further 1.25% interest in the KNDL.

Horse Hill License Extensions Secured
Tuesday, July 05, 2016 Horse Hill Developments Limited, operator of the Horse Hill-1 well, revealed Tuesday that the Horse Hill licenses PEDL137 and PEDL246 have been granted extensions.

Solo Oil Raises Additional Funding to Help Kiliwani Acquisition
Thursday, April 07, 2016 Solo Oil raises $1.12 million, which will be used to help the firm fund a 10% acquisition of the Kiliwani North Field in Tanzania.

Solo Concludes Kiliwani North Acquisition
Monday, April 04, 2016 Solo Oil concludes a deal with Aminex plc to acquire a further 3.825% interest in Tanzania's Kiliwani North Development License for a total cash consideration of $2.16 million.

'Game-Changing' Horse Hill-1 Well Produces 'North Sea-like' Oil Flows
Monday, March 21, 2016 The Horse Hill-1 well onshore the UK's Weald Basin produces a total aggregate stable dry oil flow rate of 1,688 barrels per day.

Aminex, Solo Target Kiliwani North-1 Production in April
Tuesday, March 15, 2016 The Kiliwani North-1 well in Tanzania is scheduled to commence production in early April, following the completion of integrity tests at the site.

Horse Hill-1 Produces 'Ground-Breaking' Results
Tuesday, March 01, 2016 Oil flows in excess of 900 barrels per day are encountered from a second zone at the Horse Hill-1 discovery in the UK's weald basin.

Oil Continues to Flow at Horse Hill-1
Wednesday, February 17, 2016 Light, 40-degree API, sweet oil continues to flow naturally to surface at the Horse Hill-1 discovery in the UK's Weald Basin, according to a statement from UKOG.

'Significant' Oil Flows at Horse Hill-1
Tuesday, February 16, 2016 A "significant" amount of oil has flowed to the surface at the Horse Hill-1 discovery, located in the UK’s Weald Basin, according to UK Oil & Gas Investments plc.

Aminex to Divest Partial Stake in Tanzanian Asset
Thursday, February 11, 2016 Aminex plc has reaches an agreement with Solo Oil plc for the divestment of a 3.825% interest in the Kiliwani North Development License in Tanzania.

Extended Flow Test Commences Over Horse Hill-1
Monday, February 08, 2016 Horse Hill Developments Limited commences operations to conduct a planned extended flow test over 3 separate zones in the Horse Hill-1 oil discovery well.

Kiliwani North Production to Start in Mid-Feb
Monday, February 01, 2016 Aminex and Solo Oil report that they have been given the go-ahead to start production at the Kiliwani North-1 well in Tanzania.

Tanzania's Kiliwani North Project JV Signs Deal to Supply Gas to TPDC
Thursday, January 14, 2016 Aminex and its partners in Tanzania's Kiliwani North gas field project signs agreement to supply gas to Tanzania Petroleum Development Corp.

OGA Grants Consent for Horse Hill Flow Test
Monday, January 04, 2016 The UK's Oil and Gas Authority grants consent for an extended flow test over three separate zones in the Horse Hill-1 discovery well.

Solo Oil Ranks Tanzania Assets Highest
Tuesday, September 29, 2015 Solo Oil announces that its assets in Tanzania represent the most significant investments for the company and reveals that their further development "is being actively pursued".

Schlumberger Estimates 10.99B Barrels of OIP in Horse Hill License Area
Wednesday, August 26, 2015 UK Oil & Gas Investments announces that 10.993 billion barrels of mean oil in place (OIP) has been independently calculated by Schlumberger to lie within the 55 square miles of the PEDL137 and PEDL246 Horse Hill licenses.

Schlumberger Estimates 271 Million Barrels of Oil per Square Mile at HH-1
Friday, June 05, 2015 Schlumberger estimates the gross overall oil in place for the Jurassic section of the Horse Hill-1 well in the UK to be approximately 271 million barrels of oil per square mile.

Solo Confirms Presence of Gas Resources at Tanzanian Assets
Thursday, May 14, 2015 Solo Oil confirms the presence of gas resources at its Kiliwani North Development License and Ruvuma Petroleum Sharing Contract

UKOG Upgrades Horse Hill Volumes
Monday, May 11, 2015 UK Oil and Gas Investments announces a substantial upgrade volumes discovered at its Horse Hill-1 and Collendean Farm-1 structures in southern England.

Aminex Expects Kiliwani North Development to Flow Gas Late in 1H 2015
Wednesday, April 01, 2015 Aminex expects to commence gas production from the Kiliwani North Development in Tanzania towards the end of first half 2015.

Aminex Gets Approval to Pare Stake in Tanzania's Kiliwani North License
Thursday, February 26, 2015 The Tanzanian government approves Aminex's sale of up to a 13 percent interest in Kiliwani North Development License in Tanzania to Solo Oil.

Solo Oil Purchase of Tanzanian License Can Go Ahead
Wednesday, December 17, 2014 Tanzanian Ministry of Energy and Minerals confirms that Aminex can sell a 13-percent interest in the Kiliwani North Development Licence to Solo Oil.

UK Juniors Apply for Isle of Wight License
Wednesday, October 29, 2014 A group of UK-focused junior oil firms submit an application for a license covering an onshore area of the Isle of Wight in the 14th Landward Licence Round.

Oilfield Discovered Onshore UK near London's Gatwick Airport
Friday, October 24, 2014 Several UK-focused oil explorers believe there at up to 20 million barrels of oil at a new field discovered near Gatwick Airport in southern England.

Drilling Begins at Horse Hill-1 Well
Wednesday, September 03, 2014 Drilling begins of onshore well Horse Hill-1 in the UK's Weald Basin.

Horse Hill Well Set for July Spud
Monday, June 16, 2014 A well targeting the onshore Horse Hill Prospect near London's Gatwick Airport is expected to spud in July after construction work begins on the site.

Aminex Completes 2D Seismic Acquisition over Ntorya-1 Discovery
Thursday, May 22, 2014 Independent explorer Aminex completes the acquisition of 2D seismic data over a portion of the Ntorya-1 discovery, onshore Tanzania.

Solo Buys 10% Stake in Horse Hill Development
Wednesday, February 05, 2014 Solo Oil buys a 10-percent stake in the PEDL137 (Horse Hill) license onshore southern England.

Ntorya-1 Discovery Appraisal License Approved
Monday, July 08, 2013 Solo Oil reports that the application for an appraisal license for the Ntorya discovery in Tanzania has been approved.

Solo: Tanzania Testing to Commence Shortly
Monday, June 18, 2012 Solo updates plans for testing the gas discovery made in the Ntorya-1 well in the Ruvuma Basin onshore in southern Tanzania.

Solo Oil Completes Drilling at Ntorya-1 in Tanzania
Monday, April 30, 2012 Solo Oil says it has completed drilling on the well in the Ruvuma Basin and is now planning to test its gas discovery there.

Reef Spies Hydrocarbon Pay at Canada Well
Thursday, April 12, 2012 Advanced petrophysical evaluation performed by Nutech Energy Alliance indicates the presence of 207 feet (63 meters) of net hydrocarbon pay.

Aminex Resumes Drilling Ops at Tanzania Well
Monday, April 02, 2012 Aminex announced it has resumed drilling at the Ntorya-1 exploration well in the Ruvuma Basin onshore Tanzania.

Reef, Solo Make Substantial Progress at Ausable Project
Thursday, February 16, 2012 Reef Resources and Solo Oil expect production to reach 500 boepd by the end of 2012.

Tullow Opts Out of Deepening Tanzania Well
Friday, February 10, 2012 Tullow Tanzania B.V. has elected not to participate in the well deepening activities which will be undertaken by Ndovu Resources Limited (Aminex) and Solo Oil.

Ntorya-1 Well in Tanzania Encounters Only Minor Gas Shows
Tuesday, February 07, 2012 Aminex and Solo Oil are waiting on drill results before working out whether to proceed with drilling.

Aminex Drills Ahead at Tanzania Well
Tuesday, January 10, 2012 Aminex announced an update on drilling of the Ntorya-1 exploration well in the Ruvuma Basin onshore in Tanzania.

Aminex to Spud Tanzania Well in Mid-Dec
Monday, November 21, 2011 Solo Oil announced the rig to drill the Nyorya-1 well is expected on site by early December and will spud the well in mid December.

Solo Oil Ups Stake in Tanzania Ruvuma Basin
Thursday, September 08, 2011 Solo also announce that it has increased its stake in the Ruvuma Basin PSA from 12.5% to 18.75% in an agreement with Tullow in which Solo will assume the future obligations on the additional interest.

Solo Oil Updates Ausable Field Operations
Monday, August 01, 2011 Solo Oil announced further updates of operations at the Ausable Field in South Western Ontario operated by its Joint Venture partner Reef Resources Limited.

Solo Oil to Take Stake in Ausable Field
Tuesday, May 24, 2011 Solo Oil has entered into a binding Heads of Agreement with Reef to earn a 38.1% direct working interest in the Ausable Field and surrounding properties in South Western Ontario.

Tullow Spuds New Ruvuma Prospect in Tanzania
Monday, January 11, 2010 Tullow Oil, operator of the Ruvuma PSA in southern Tanzania, commenced drilling operations at the Likonde-1 well, which will test multiple targets in the Tertiary, Cretaceous, and Permo-Trias Karoo intervals.

Aminex: Ruvuma Drilling Program To Begin This Week
Monday, January 04, 2010 Likonde-1, the first well to be drilled on the Ruvuma PSA in Tanzania, is due to be spudded on 7 January 2010 and drilled to a programmed total depth of 3,200 meters.