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Kalkine Media ASX Share Market News & Research

Solo Oil Plc updates about Helium One Global licenses

October 20, 2020 12:27 PM BST | By Team Kalkine Media
Google News: https://kalkinemedia.com/resources/assets/public/images/google-news.webp

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Solo Oil Plc (LON:SOLO) has released an update on activities at Helium One Global Limited.

 

  • From the requested 16 prospective licenses, Helium One has initially bagged renewal offer letters for 12, from the Tanzanian Authorities, with a further four awaiting a decision.

 

  • The company which targets prospective production and development opportunities in the European energy market holds 12.0 per cent stake in Helium One Global Limited.

 

  • On 20 October 2020, the stocks of the company declined by 2.56 per cent from the previous closing and were hovering at around GBX 1.93 at 10:27 AM GMT+1.

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