One company who will likely drill ahead of us in Tanzania is the LSE & TSX listed Heritage Oil.
They have the Rukwa Rift Basin license in Southwest TNZ near to Lake Tanganyika and our much hoped for Zambia block 31.
They have their Targeted 2D seismic completed & plan to drill in 2014.
http://www.heritageoilplc.com/our-operations.aspx
As this block/s are also considered to be geologically analogous to the Lake Albert Basin in Uganda, then their operation here has some regional relevance to us.
Finally, their market cap is about 20 times SWE's so we have some catching up to do!!
SWE Price at posting:
26.0¢ Sentiment: LT Buy Disclosure: Held
