Solo Oil extends farmout bid deadline

AIM-listed exploration and development company Solo Oil has extended the deadline for receipt of bids for the farm-out of its Ruvuma PSA in Tanzania until March 2013.

AIM-listed exploration and development company Solo Oil has extended the deadline for receipt of bids for the farm-out of its Ruvuma PSA in Tanzania until March 2013.

In a company statement issued today, Neil Ritson, Solo Executive Director, said: "The level of interest has been very significant and it has not been possible to accommodate all the interested parties in the physical data-room prior to the original bid deadline.

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