Future Of Uganda’s Kanywataba, Turaco Oil Blocks Now Uncertain After Conjugate Energy Is Dissolved
Conjugate Energy Limited, the company that was registered in the United Kingdom in February 2023 to specifically hold the interests in the Kanywataba and Turaco oil exploration areas in Western Uganda, was dissolved on April 1, 2025 after financial woes plagued its parent company in Australia. The United Kingdom’s registrar of companies decided to dissolve Conjugate, a subsidiary of Australia’s Armour Energy Limited, after repeated warnings over the company’s failure to file documents in accordance with UK laws. Armour itself was dissolved in January 2024 as it buckled under the weight of debt. The dissolution of Conjugate Energy throws the … Continue reading Future Of Uganda’s Kanywataba, Turaco Oil Blocks Now Uncertain After Conjugate Energy Is Dissolved
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