Solo Oil, the UK-based Tanzania gas explorer, has cancelled a shareholders meeting at which it was to have sought authority to raise cash to double its stake to 20% in Helium One, a company that has made a helium discovery in western Tanzania. Solo’s board said May 23 it will instead focus on its existing investments, including its 25% stake in the Ntorya gas condensate discovery in Tanzania, the UK Horse Hill oil find and its initial 10% stake in Helium One.
If you cannot read this article, it is because you are not yet a subscriber. Sign up today to read and access our substantial archive of content! (Not applicable to Global Gas Perspectives)
Natural Gas World welcomes all viewpoints. Should you wish to provide an alternative perspective on the above article, please contact [email protected]
Kindly note that for external submissions we only lightly edit content for grammar and do not edit externally contributed content.