Brief: Dgr Global Says Grant Of Turaco And Renewal Of Kanywataba Licences In Uganda

DGR Global

18/05/2023 11:00

May 18 (Reuters) - DGR Global  DGR.AX :
    * GRANT OF TURACO AND RENEWAL OF KANYWATABA LICENCES IN
UGANDA
    * ADVISED OF GRANT OF TURACO PETROLEUM EXPLORATION LICENCE
TO DGR
ENERGY TURACO UGANDA SMC LTD
    * PLANNING TWO-YEAR PROGRAM PLANNING DRILLING TESTING AND
INTERPRETING THREE BACK-TO- BACK WELLS IN KANYWATABA AND TURACO
AREAS
    * RENEWAL OF KANYWATABA PETROLEUM EXPLORATION LICENCE TO
ARMOUR
ENERGY UGANDA SMC LTD
    * EXPECTS TO COMMENCE DRILLING ACTIVITIES IN APPROXIMATELY
FEBRUARY OF 2024
    * 3 EXPLORATION WELLS IN TURACO ARE TARGETING A COMBINED
PROSPECTIVE OIL IN PLACE RESOURCE OF APPROXIMATELY 1 BILLION
BARRELS

Source text for Eikon:  ID:nASX9bq3CT 
Further company coverage:  DGR.AX 

 ((Reuters.Briefs@thomsonreuters.com;))