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IN BRIEF: Solo Oil Investee Helium One Receives Renewal Offer Letters

20th Oct 2020 20:20

Solo Oil PLC - investment company focused on the European energy market - Says its investee company Helium One Global Ltd received renewal offer letters for 12 of the 16 prospective licenses initially requested from the Tanzanian Authorities, with further four awaiting a decision. In total, including the 12 renewals received, four pending and other active licenses, Helium One holds 4,512 square kilometres of prospective licenses, with a further eight under application.

Current stock price: 1.96 pence

Year-to-date change: down 19%

By Arvind Bhunjun; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.

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