Scirocco Energy PLC - Leeds, England-based investment firm focused on assets with the European sustainable energy and circular economy markets - Updates on sale of 25% interest in the Ruvuma asset to ARA Petroleum Tanzania announced in August 2022. Has received confirmation from the Tanzania Revenue Authority of the assessed tax liability of around £150,000, in line with the company’s expectations, and which has now been paid. This represents a major milestone towards final completion. Hopes to complete deal by amended long stop date of August 31 once final approval has been received from the Tanzanian Minister for Energy.

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