Solo revealed it did not intend to exercise an option to gain a further 1.25% interest in the Kiliwani North development licence, which activated once it received first revenue from gas sales in mid-August.
"We are very pleased with the progress being made at Kiliwani North now that the Songo Songo Island gas processing plant has been fully commissioned, and we expect to see further production and gas sales news in the next few weeks,” Solo chairman Neil Ritson said.
“Kiliwani