Solo Oil plans to acquire a diverse portfolio of direct and indirect interests in exploration, development and production oil and gas assets which are based in the Americas, Europe or Africa. Both on-shore and off-shore interests will be considered. The intention is to acquire a widely distributed mix of oil and gas development and production assets.
29/11/11
The well is being drilled next month in an exciting area of East Africa. Chief executive Neil Ritson told Proactive Investors that while Ntorya-1 could have a big impact for Solo, it is by no means an all or nothing proposition.
13/04/11
Aim listed Solo Oil's share price soared today after the results from its Ausable#5 well in Ontario showed it had a "high probability" of being productive.The well in Canada was completed last month by the firm's JV partner Reef Resources
01/01/11
Oil exploration stories were dominated by the Falklands, Iraq and the North Sea in 2010. This year the new frontier promises to be East Africa, with a handful of juniors active in region. Here we look at three AIM-listed oil firms with big plans in the under-developed east side of Africa.
29/04/10
Solo Oil is providing the Canadian group with a staged C$1.65m loan facility, gaining a share of the revenue from Reef's primary asset in Ontario.
11/01/10
Solo Oil is partnered with FTSE100 Tullow together with Aminex in drilling a potentially high-impact well in onshore Tanzania.
16/11/09
Solo Oil is taking a 12.5 percent interest in the first well to be drilled on Aminex's Ruvuma PSA in Tanzania, operated by Tullow Oil, and is raising £6.4 milliion in a placing.
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