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; arvindbhunjun@alliancenews.com
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