Regional News: East & South Africa

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Swala Gets Extension to its Kilosa-Kilombero, Pangani Licenses in Tanzania
Monday, August 31, 2015 Swala Energy obtains extension to its Kilosa-Kilombero and Pangani licenses in Tanzania.

Cobalt Agrees to $1.75B Transaction with Sonangol for Angola Blocks
Monday, August 24, 2015 Cobalt signs an agreement to sell its entire 40% participating interest in blocks 21/09 and 20/11 to Sonangol for $1.75 billion.

Mnazi Bay Gas Wells Deliver 1st Gas to Tanzania Pipeline
Friday, August 21, 2015 Wentworth Resources reports the first gas delivery from the Mnazi Bay Concession in southern Tanzania to the country's new transnational pipeline.

Swala Needs FCC Approval to Complete Farm-out of Tanzanian Blocks to Tata
Wednesday, August 05, 2015 Swala Energy's farm-out of a 50 percent stake in the Kilosa-Kilombero and Pangani licenses in Tanzania to India's Tata Petrodyne nears completion with only approval from the Fair Competition Commission pending.

UN Monitors Accuse British Oil Firm Of 'Payoffs' To Somali Officials
Tuesday, August 04, 2015 UN sanctions experts accuse UK firm Soma Oil and Gas of making large payments to Somalia's oil ministry, creating a "serious conflict of interest".