Company type | Private |
---|---|
Industry | Oil and gas |
Founded | 2005 |
Headquarters | , |
Key people | Tewodros Ashenafi, Chairman |
SouthWest Energy Ltd is an Ethiopian oil and gas exploration and production company located in Addis Ababa, Ethiopia. The company was established in 2005 by Tewodros Ashenafi. [1] It is registered in Hong Kong. [2] [3]
In December 2005, SouthWest Energy signed a production sharing agreement with the Ministry of Mines and Energy of Ethiopia for blocks 9 and 13 in the Ogaden Basin. In August 2008 it signed for block 9A, bringing the total acreage to 29,000 square kilometres (11,000 sq mi). [2] [4] [5] The company plans to raise $100 million via a private placement in the first quarter of 2013 to help finance a three-well drilling program in the Ogaden Basin. [4] In addition, the company owns acreages at the Gambella and Jijiga basins. [6] [7]
Company type | Private |
---|---|
Industry | Oil and gas |
Founded | 2005 |
Headquarters | , |
Key people | Tewodros Ashenafi, Chairman |
SouthWest Energy Ltd is an Ethiopian oil and gas exploration and production company located in Addis Ababa, Ethiopia. The company was established in 2005 by Tewodros Ashenafi. [1] It is registered in Hong Kong. [2] [3]
In December 2005, SouthWest Energy signed a production sharing agreement with the Ministry of Mines and Energy of Ethiopia for blocks 9 and 13 in the Ogaden Basin. In August 2008 it signed for block 9A, bringing the total acreage to 29,000 square kilometres (11,000 sq mi). [2] [4] [5] The company plans to raise $100 million via a private placement in the first quarter of 2013 to help finance a three-well drilling program in the Ogaden Basin. [4] In addition, the company owns acreages at the Gambella and Jijiga basins. [6] [7]