" According to Otto’s Managing Director, Matthew Allen the decision by Otto Tanzania to issue dispute notices, including a notice seeking the removal of SOGTP as Operator of the Kilosa-Kilombero licence, was not taken lightly "
Allen has warned that the joint venture will be unable to progress the drilling of the Kito-1 well in 2016 until the joint venture disputes are resolved.
“Otto Tanzania remains committed to the drilling of Kito-1 and plans to work with Tanzania Petroleum Development Corporation, the Government of Tanzania and our remaining joint venture and farm-in partners to ascertain the best way forward.”
Sounds like OEL are already smoothing the way for an extension to drill Kito in Q3 2017, imo.
Fair enough too, if their case against Swala is legitimate.
technicals, page-123
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