additional oil exploration licence, page-2

Perfect, Perfect, ...........Just Perfect.

I have commented on that Tanzania was auctioning leases soon.

The Eyasi License was the one I was looking at with hope and fingers crossed that we would bid on.

It places a lease right between block 12b Kenya and our existing Tanzanian interests.

To be invited to exclusive negotiations is just mind blowingly positive. I would have been stoked if we had just the opportunity to bid.

The confidence from TPDC (Tanzanian Petroleum Development Board) provides some serious confidence in our board.

Eyasi = 4 basins, each of those 4 basins is double the size of the Lokichar Basin (check Tullow/Africa Oil Successes there RECENTLY and still under testing to increase)......Astounding!! =
Total = 8x yes, 8 times the basin size of Lokichar!! - WOW

Both Rift extensions now covered.

This invitation should be seen as a bit of a coup, as it is also earlier than I had discovered the auctions for leases commencing.

SWE, will be the envy of some majors!!