Swala Energy is a hot potato

http://www.busiweek.com/index1.php?Ctp=2&pI=1375&pLv=3&srI=49&spI=27&cI=10DAR ES SALAAM, Tanzania ¿ The Initial Public Offer (IPO) of Swala Oil and Gas Tanzania Plc has attracted over 100 new investors, who have applied just a few days of the offer.Swala opened its IPO on the 9th of June this year which has received significant interest from within Tanzania, the East African Community […]
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Swala Energy requests trading halt and Nordea continues it´s buying spree (June 19)

First of all Swala Energy that has assets in East Africa, namely Tanzania, Kenya and Zambia has requested a trading halt. The reason seems to be the long planned farm out (Swala is farming out 25% with Tullow retaining 50%.):   An investor got the following in the mail: “RE: SWALA ENERGY LIMITED (ASX: SWE) ¿ […]
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