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Solo Oil Plc (SOLO)

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Monday 10 December, 2018

Solo Oil Plc

Kiliwani Operations Update

RNS Number : 8930J
Solo Oil Plc
10 December 2018
 

10 December 2018

Solo Oil plc

("Solo Oil" or "The Company") 

Kiliwani Operations Update

Solo Oil (AIM: SOLO), a natural resources investment company focused on acquiring and developing a diverse global non-operated portfolio of strategic oil and gas assets, notes the below update issued by Aminex with regards to operations at Kiliwani North:

"Aminex is pleased to announce that it has successfully carried out remediation work on the sub surface safety valve of its Kiliwani North-1 well and gathered associated pressure and fluid data. During this process, gas was observed at surface. The well is undergoing further testing and analysis."

 

The Board of Solo looks forward to receiving further updates from the Operator in due course.

 

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

 

For further information:

Solo Oil plc

Dan Maling

+44 (0) 20 7440 0642

 

 

Strand Hanson

Nominated Adviser

James Spinney, Ritchie Balmer, Frederick Twist

+44 (0) 20 7409 3494

 Shore Capital

Broker

Jerry Keen

 

Buchanan (PR)

Ben Romney / Chris Judd / Henry Wilson

 +44 (0) 20 7408 4090

 

 

 

+44 (0) 20 7466 5000

 

Notes to Editors:

Solo Oil plc (Solo), is a natural resources investment company with a diverse portfolio of onshore assets, principally in Europe and Africa. The company seeks to deliver returns through early stage investment in promising projects and uses management's own sector expertise to assist in strategic asset development. Solo's portfolio currently includes extensive interests in the prolific Ruvuma Basin in Tanzania, Helium One Limited, the Tanzanian helium exploration company, and Kiliwani North, a natural gas producing project in Tanzania. 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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