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Wentworth provides update on Mozambique and Tanzania Oil & Gas Resources


Published Oct 1, 2013
Wentworth Resources Limited-2

Wentworth Resources Limited is pleased to announce the results of an independent technical evaluation of the Rovuma Onshore License in Mozambique and the Mnazi Bay Concession in Tanzania respectively, carried out by RPS Energy, Calgary, Canada.

This report marks the beginning of a busy operational period for the Company. The Rovuma Onshore License partners have committed to a two-well exploratory drilling programme set to begin in Q2 2014, with an option to drill a third exploration well. The partners in the Mnazi Bay Concession are in advanced negotiations on a gas sales agreement that will commercialize gas via the Mnazi Bay to Dar es Salaam pipeline that is currently under construction by third party contractors for the government of Tanzania.

Tags: Wentworth Resources Limited




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