Ann: Appointment of FirstEnergy Capital, page-2

Well this certainly looks to be a positive announcement. It seems that Swala is receiving so much interest for farm-outs that it has to appoint a financial adviser to ensure they make the best decision.

'As previously announced by the Company on 2 December 2014, Swala received interest from a third party to review the Company's assets available for farm-down. Since this time, additional levels of interest have been received by the Company in relation to the partial or complete farm-down of its assets in the East African Rift System'

Wow, cannot complain with that! Let's farm out all of our EARS licences please

However, it is particularly interesting that the announcement reads '...including a potential merger or sale of the Company'.

Looking forward to the next couple of months...!