Solo Oil Plc (Solo), formerly Immersion Technologies International Plc, is a United Kingdom-based company engaged in acquiring a portfolio of direct and indirect interests in oil and gas exploration, development and production assets, which are based in the United States, Europe or Africa. Solo�s portfolio includes exploration and development assets in Tanzania, Canada and the United Kingdom, and an option to acquire an interest in an oil development in West Africa. In Tanzania, Solo has Ruvuma Petroleum Sharing Agreement lies in the south‐east of Tanzania and covers approximately 3,447 square kilometers of which some 10% lies offshore and the balance onshore. In Canada, it operates through Reef Resources Limited which is engaged in oil and gas production at the Ausable Field in South West Ontario. It also owns, Pan Minerals, which is a special purpose vehicle based in Switzerland with a negotiated agreement to participate in the redevelopment of an onshore oil field in West Africa.