Tanzania emblem
The United Republic of Tanzania

Petroleum Upstream Regulatory Authority

Petroleum Upstream Regulatory Authority

Kilosa - Kilombero


OPERATOR:

Swala Oil and Gas Tanzania PLC – 100% interest

OTHER CONTRACTING PARTIES:

  • N/A

License Area Size:

16,993.90 sq.km

PSA Signed Date:

20th February 2012

Effective Date (Initial Period):

20th February 2012

First Exploration License:

18th August 2021

Second Exploration License:

N/A

Current License Period:

Initial Exploration Period

Current License Effective Date:

18th August 2021

License Expire Date:

17th August 2023

STATUS OF OPERATION

TPDC and Contractor to drill Kito-1 exploration well.

CURRENT STATUS

Exploration activities in progress.

FISCAL TERMS

  • Royalty: 12.5%
  • Income Tax: 30%
  • Withholding Tax: Varies

SURFACE RENTAL

  • Initial Period – USD 4/sq.km
  • First Extension Period – USD32/sq.km
  • Second Extension Period – USD 64/sq.km
  • Development License -USD 200/sq.km