Source: Petrodel Resources Ltd |

Tanzania approves assignment of Afren’s former interest in the Tanga block to Octant

Petrodel and Octant to work together to realise Tanga’s potential

Petrodel Resources Ltd. (‘Petrodel’), a leading energy company in the development of oil and gas reserves, confirms Tanzania’s Minister of Energy, has approved the assignment of 74% interest in the Tanga block from Afren Tanzania Ltd. to Octant Energy Tanzania Ltd. (‘Octant’) in accordance with Section 86(2) of the Petroleum…

Source: Petrodel Resources Ltd |

Petrodel to Re-Enter Tanzania

Petrodel Resources Ltd. announces intention to develop the Tanga, Kimbiji and Latham Blocks

Petrodel Resources Ltd. (‘Petrodel’), a leading energy company in the development of oil and gas reserves, has announced its intention to revive its operations in Tanzania. Petrodel is the owner of the Tanga, Kimbiji and Latham licenses in Tanzania and were acquired in 2006. Petrodel’s primary interest is in the…