What is SWE
Smaller E&P companies have limited access to equity markets and bank financing, yet they can still offer plenty of opportunity for return. That is why Silver Wave Energy is launching the SWE token. By launching its own token sale, an E&P company like Silver Wave Energy can finance a thorough exploration phase that fosters a profitable production phase.
For token holders, the SWE token offers access to a private oil investment opportunity in South Africa that has been vetted by geological experts. It is estimated that this venture could produce 40,000 barrels of crude oil per day in the production phase. Once operations become profitable, which is expected in 2024. Individual crypto holders can therefore participate in the returns from this promising energy venture thanks to the SWE token.