SouthWest Energy
{{Infobox company
| name = SouthWest Energy Ltd
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| type = Private
| industry = Oil and gas
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| foundation = 2005
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| location_city = Ethiopia
| location_country = Addis Ababa
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| key_people = Tewodros Ashenafi, Chairman
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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.
{{cite news
| url = http://allafrica.com/stories/201003020724.html
| title = Ethiopia: Southwest Energy Signs With Tullow Oil PLC for Ogaden Oil Exploration
| first = Mikias | last = Sebsibe
| newspaper = Addis Fortune
| date= 2010-03-02
| publisher = AllAfrica.com
| accessdate = 2014-04-18
| url-access = subscription
}}
It is registered in Hong Kong.
{{cite news
| url = https://www.bloomberg.com/news/2012-05-09/southwest-energy-of-Ethiopia-optimistic-on-oil-search-in-ogaden.html
| title = SouthWest Energy of Ethiopia Optimistic on Oil Search in Ogaden
| first = William | last = Davison
| date= 2012-05-09
| agency = Bloomberg
| accessdate = 2014-04-18}}
{{cite news
| url = http://www.upstreamonline.com/live/article1200432.ece
| title = Petronas sells Ethiopian assets to SouthWest
| first = Josh | last = Lewis
| newspaper = Upstream Online
| publisher = NHST Media Group
| date = 2010-10-06
| accessdate = 2014-04-10
| url-access = subscription
}}
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 {{convert|29000|km2}}.
{{cite news
| url = http://www.sudantribune.com/spip.php?article33696
| title = British oil firm to prospect oil in Ethiopia
| date = 2010-01-07
| newspaper = Sudan Tribune
| accessdate = 2014-04-10}}
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.
{{cite news
| url = https://www.bloomberg.com/news/2012-12-05/southwest-energy-of-ethiopia-to-raise-100-million-in-equity.html
| title = SouthWest Energy of Ethiopia to Raise $100 Million in Equity
| first = Sarah | last = McGregor
| date = 2012-12-05
| agency = Bloomberg
| accessdate = 2014-04-10}}
In addition, the company owns acreages at the Gambella and Jijiga basins.
{{cite press release
| url = http://allafrica.com/stories/201304100341.html
| title = Ethiopia: Southwest Energy Releases a Report On Its Oil Prospects
| publisher= Government of Ethiopia
| date = 2013-04-09
| accessdate = 2014-04-10}}
{{cite news
| url = http://www.epmag.com/Exploration/SouthWest-Energy-Aims-Oil-Ethiopia_115169
| title = SouthWest Energy Aims For Oil In Ethiopia
| first = Velda | last = Addison
| date = 2013-04-16
| newspaper = E&P magazine
| publisher = Hart Energy
| accessdate = 2014-04-18}}
See also
{{Portal|Africa|Energy}}
References
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Category:Oil and gas companies of Ethiopia
Category:Non-renewable resource companies established in 2005
Category:2005 establishments in Ethiopia
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