About Solo Oil plc ("solo oil")

Solo Oil plans to acquire a diverse portfolio of direct and indirect interests in exploration, development and production oil and gas assets which are based in the Americas, Europe or Africa. Both on-shore and off-shore interests will be considered. The intention is to acquire a widely distributed mix of oil and gas development and production assets.


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Solo Oil: Ausable Reef progress report lifts oil-in-place by 10 pct

Solo Oil ( LON:SOLO ) today updated investors on the ongoing development of the Ausable Reef enhanced oil recovery project in Ontario Canada. The firm’s joint venture partner Reef Resources ( CVE:REE ) has reported significant progress on a number...

Solo Oil draws down £350,000 from Dutchess Capital equity line

Solo Oil ( LON:SOLO ) has drawn down £350,000 from the three-year £10 million equity Line facility arranged in November 2011 with Dutchess Opportunity Cayman Fund Ltd. This is the first drawdown from the facility. The explorer has issued 59,32...

Solo Oil reports spudding of North Airport well in Ontario

Solo Oil ( LON:SOLO ) today reported the spudding of the Airport North exploration well in Ontario Canada. The company’s associate Reef Resources ( CVE:REE ) began drilling on December 29. The exploration well is located approximately 1 kilometre ...

Solo Oil moves step closer to full production at Ausable field; shares up

Shares in oil and gas explorer Solo Oil ( LON:SOLO ) went up as it moved a step closer towards full production from the Ausable field in Ontario - revealing an update on operations. Equipment to bring three wells onto production have arrived on the site, t...

Solo Oil reports that Ntorya-1 well in Tanzania will spud within two weeks

Oil and gas explorer Solo Oil ( LON:SOLO ) announced this morning that its Ntorya-1 well site in Tanzania is set to spud within a fortnight.  The firm said that Aminex , the operator of the Ruvuma Basin production sharing agreement (PSA) where Ntory...
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