Serengeti Advisers Media

Insight. Foresight.

Oil In Tanzania?

with one comment

Apparently, there are encouraging signs to suggest so:

Tullow Oil said Thursday that the Likonde-1 well, onshore Tanzania, has encountered thick sands with hydrocarbon shows. The well, which is now being plugged and abandoned, is the first of a two-well program within the prospective Ruvuma delta region. The encouraging results will be followed up with detailed technical work prior to selecting the next drilling location.

Written by serengetiadvisersblog

April 1, 2010 at 11:59

Posted in Economy

Tagged with , ,

One Response

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  1. Interesting stuff. Guess there’ll be a nice new road from Mtwara to Songea then. And plenty of prospects for some good ole’ down to earth hard graft and ufisadi. That will make a change…

    Speaking of interesting stuff: where’s that media report of yours for 2009? Go on, give us another taster…


    April 1, 2010 at 14:07

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