Solo Oil chairman says company may double stake when gas sales deal signed

Apr 01, 2015, 03:10 PM

The chairman of Solo Oil (LON:SOLO) Neil Ritson says work in Tanzania is going well with 95% of the work at the Kiliwani North and Songo Songo gas plants complete. Ritson expects to see physical gas sales start before the middle of the year which will bring in the first substantial revenues for the AIM-listed oil group.