Scirocco has been through a period of consolidation and rationalisation of its historic portfolio allowing it to focus on its core natural gas and helium assets in East Africa. The Board is focussed on growing the portfolio through the acquisition of cash-generative assets in the European transition energy market creating a self-funding platform.
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The Ruvuma PSA is in a region of southern Tanzania where very substantial gas discoveries have been made offshore in recent years.
Kiliwani North Development Licence (KNDL) is located on Songo Songo Island in Tanzania and contains the Kiliwani North-1 (KN-1) well.
Helium One is an independent specialist explorer focussed on delineating and developing globally significant helium assets in Tanzania.
Scirocco Energy has a historical portfolio of assets which the Board is actively pursuing exit strategies from to align with the new strategic direction of the company