Solo Oil Gets Tanzania Appraisal License

Solo Oil has been awarded an appraisal license at its Ntorya-1 discovery in Tanzania.

Ntorya-1 was drilled in the Ruvuma Production Sharing Contract area in 2012 and successfully tested gas at a rate of 20 million standard cubic feet per day.

ISIS Petroleum Consultants estimated that 1.17 trillion cubic feet of gross unrisked gas in place were potentially present at Ntorya and that further appraisal would be required to confirm this volume. The mean gross unrisked gas in place in discoveries, prospects and leads within the PSA was estimated to be in excess of 5.75 trillion cubic feet.

The Ruvuma PSA covers 6,079 square kilometres on the Tanzanian border with Mozambique where well over 100 trillion cubic feet of gas has been discovered in recent years.

The appraisal programme will consist of 2D seismic to delineate the extent of the Ntorya discovery and the drilling of an appraisal well. The license is granted for a period of two years.