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.

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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…

    Klinton...

    April 1, 2010 at 14:07


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