The way things are shaping up in Tanzania (and I'm pretty confident, Kenya 12B as well, but this is yet to be determined), there is one word that truly applies to Swala moving forward....
OPTIONALITY!
It seems that we will end up with numerous prospects, so we can priorities drilling targets, and not be hostage to possible failure in any single prospect. As a bonus, this is all on land, so drilling should be far less costly than offshore exploration.
For a junior explorer in the oil and gas space, that's a pretty comfortable position to be in.
SWE Price at posting:
19.5¢ Sentiment: Buy Disclosure: Held