The Ministry of Mines, Ethiopia is to sign a Petroleum Development and Production Sharing Agreement with South West Energy. The agreement will allow the company to prospect for gas and oil reserves in Gambella Regional State, Ethiopia. 
The agreement will be signed by Sinkenesh Ejigu Minister of Mines and Tewodros Ashenafi, Chief Executive Officer and founder of South West at the Head office of the Ministry of Mines.
South West Energy will also be able to develop gas and oil reserves in the exploration area according to the agreement.
The petroleum exploration and development agreement was approved by the Council of Ministers.