Wentworth, the East Africa and Rovuma Basin-focused oil & gas company, provides the following operations update:
Mnazi Bay Exploration
The 248km² of new 3D seismic recently acquired offshore Mnazi Bay is currently being processed and interpreted with full results expected in the third quarter 2013. The acquisition of additional onshore 2D seismic is being considered and the concession partners have agreed to drill one well in the fourth quarter of this year, subject to identifying a drillable prospect after taking into account the interpreted offshore 3D, existing 2D and possible additional onshore seismic.
Mnazi Bay to Dar es Salaam Gas Pipeline Project
China National Petroleum Corporation (CNPC) recently awarded a US$45 million contract to Zhejiang Kingland Pipeline & Technologies to supply spiral and longitudinal submerged arc welded pipe for the Mnazi Bay to Dar es Salaam natural gas pipeline project (Pipeline). Wentworth has been advised by the government that the Pipeline is expected to be completed in the second half of 2014.
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Wentworth Resources Limited
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