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A partial report preview for Swala Oil and Gas (Tanzania) plc is shown below.  Where indicated by "Yes," CreditRiskMonitor contains this information in its extensive database.  To get access to the full report and learn more about CreditRiskMonitor's robust financial risk analysis and timely news service, request a personalized demo and free trial today.

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Swala Oil and Gas (Tanzania) plc
2nd Flr Oystr Plza,Plt No. 1196- Oystrby
Haile Selassie Road
Phone: (75) 568-7785p:75 568-7785 DAR ES SALAAM, Tanzania Ticker: SWALASWALA
Business Summary
Swala Oil and Gas (Tanzania) Public Limited Company is an exploration-stage company. The Company is primarily involved in exploration for oil and gas reserves. The Company's exploration license is the Kilosa-Kilombero license in Tanzania, which the Company operates with a 100% participating interest. The Kilosa-Kilombero License is located on the East African Rift System (EARS), a proven oil trend. Over six billion barrels of oil have found in the Lake Albert area of Uganda, in the western branch of the EARS. The Kilombero Basin is approximately 80 kilometers long. It contributes to the development of the Tanzanian capital markets and to local content participation in the natural resources sector. The Company's subsidiaries include Swala (Mauritius) Limited and Swala (PAEM) Limited.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
6/30/202112/31/2020Yes----

Industries
SIC Code Description
1311 Crude petroleum and natural gas

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Non-Executive Chairman AbdullahMwinyi 10/4/2017 7/1/2012
Chief Executive Officer, Executive Director David M.Ridge 7/29/2011
Business Development Manager NeilTaylor 10/12/2017 7/5/2013
5 additional Officers and Directors records available in full report.

General Information
Outstanding Shares: 106,201,621 (As of 6/30/2021)
Stock Exchange: DAR


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Wednesday, April 17, 2024