Drilling Report

RNS Number : 3005F

Solo Oil Plc

11 January 2010

 

11 January 2010

Solo Oil PLC

NEW WELL SPUD IN TANZANIA

Solo Oil PLC announces that it has been advised by Tullow Oil PLC, operator of the Ruvuma PSA in southern Tanzania, that the Likonde-1 well was spudded at 0730 hrs on 9th January 2010.  Likonde-1 well will test multiple targets in the Tertiary, Cretaceous, and Permo-Trias Karoo intervals.

Participants in the well are Tullow Oil PLC 50%, Ndovu Resources Ltd. (an Aminex PLC company) 37.5% and Solo Oil PLC 12.5%.

Further announcements will be made when there is appropriate information to report.

For further enquiries:

Solo Oil PLC
David Lenigas/Kiran Morzaria	[phone]
Beaumont Cornish - Nominated Adviser
Roland Cornish	[phone]

Rivington Street Corporate Finance	+ 44 (0) 20 7562 3351
Dru Edmonstone

 

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