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IN BRIEF: Solo Oil Granted Delay To 2019 Results Publication

Wed, 24th Jun 2020 14:55

Solo Oil PLC - Tanzania-focused oil & gas firm - Granted delay to publishing its 2019 audited financial statements, now expects to publish statements no later than September 30. Will delay annual general meeting as well; however new date not given. Company name change to Scirocco Energy PLC to be decided by shareholders at AGM. Financially, in a position of relative strength, with low fixed costs and projects focused on Tanzanian gas and not the volatile oil price.

Current stock price: 1.03 pence

Year-to-date change: up 8.4%

By Dayo Laniyan; dayolaniyan@alliancenews.com

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IN BRIEF: Solo Oil Granted Delay To 2019 Results Publication

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