Tanzania Mnazi Bay Production Volume at 33 mmscf/day in October

Production volumes to the new transnational pipeline in October to production facilities at Madimba, the Mtwara to Dar es Salaam pipeline and the Kinyerezi Gas Receiving Facility stood at 33 … Read More

First gas delivery to the new transnational pipeline commence in Tanzania

Wentworth Resources has announced that gas deliveries have now commenced to the new transnational pipeline from the the Mnazi Bay joint venture in Tanzania. Currently two wells are now producing … Read More

Wentworth Resources reports $4.5 million loss as Mnazi Bay Development Continues

Wentworth Resources has reported a $4.5 million loss for the six months ended in June 30th 2015 as second quarter exploration dropped and development capital expenditures increased significantly to $2.31 … Read More

Wentworth Resources raises $7.6 million to finance Tanzania’s Mnazi Bay developments

Wentworth Resources has announced that it has successfully raised gross proceeds of USD 7.6 million (GBP 4.9 million, NOK 59.7 million) with institutional investors and certain Directors and members of … Read More

Wentworth Resources Estimates $3.5m in Tanzania Monthly Gas Sales

Wentworth Resources says it estimates that monthly gas sales in Tanzania into new government owned pipeline Q3 2015 could reach an estimated $3.5m monthly. Initially Mnazi Bay will be the … Read More

Mtwara to Dar es Salaam pipeline now complete, first gas delivery expected in July 2015

East Africa-focused oil & gas company has announced that the construction of the Government owned and operated Mtwara to Dar es Salaam pipeline is now 100% complete and the two … Read More

Wentworth Resources gets $5.6m credit facility to finance ongoing Mnazi Bay Concession development

Wentworth Resources has announced that the Company has subsequently drawn an amount of $5.6 million on an existing $20 million credit facility with a Tanzania-based bank, TIB Development Bank Limited. … Read More