Home » Market News » DirectorsTalk Highlights » Building on 2018
Solo Oil Plc

Building on 2018

The last several years have been tumultuous for Africa’s oil and gas producers, and 2018 marked the first year of stability and real recovery since the oil crash in 2014. Indeed, 2018 brought by fresh optimism and a new wave of investor confidence that is expected to continue into the next several years.

“As the oil price is steadily rising towards pre-collapse levels, the outlook is positive,” PwC said in its annual Africa Oil & Gas Review released in November 2018. “Notably, 2017/18 has seen a significant increase in the number and size of final investment decisions (FIDs), demonstrating a renewed confidence in the sector.”

 

Solo Oil plc (LON:SOLO), is a natural resources investment company with a diverse portfolio of onshore assets, principally in Europe and Africa. The company seeks to deliver returns through early stage investment in promising projects and uses management’s own sector expertise to assist in strategic asset development. Solo’s portfolio currently includes extensive interests in the prolific Ruvuma Basin in Tanzania, Helium One Limited, the Tanzanian helium exploration company, and Kiliwani North, a natural gas producing project in Tanzania.

 

 

To read the full news article please click here

Receive our exclusive interviews – Enter your email to stay up to date.

Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.