Wentworth Receives Tanzanian Payments

Sunday, August 20, 2017

Wentworth Resources confirmed that it has received payment from Tanzania’s TPDC and TANESCO in the amount of $1.9 million net. The company received $1.7 million for the June 2017 invoice and $0.2 million for the October 2016 invoice for gas sales.

The company also confirms that all principal and interest payments currently due on Wentworth’s medium-term credit facilities are now fully settled. The next principal payment of $1 million is due in December 2017.

« GO BACK

You may also like

" alt="Sintana to Expand Asset Base in Namibia with Acquisition">

Sintana to Expand Asset Base in Namibia with Acquisition

" alt="Luanda Gives Afentra Nod for Azule Acquisition">

Luanda Gives Afentra Nod for Azule Acquisition

" alt="TotalEnergies Increases Stake in ROC’s Giant Moho Field and Sells Mature Assets">

TotalEnergies Increases Stake in ROC’s Giant Moho Field and Sells Mature Assets

" alt="Africa’s $824 Billion Debt Burden and Opaque Resource-Backed Loans Hinder its Potential">

Africa’s $824 Billion Debt Burden and Opaque Resource-Backed Loans Hinder its Potential

" alt="African Refiners Ponder Threats to Energy Security for Africa as Transition Takes Center Stage">

African Refiners Ponder Threats to Energy Security for Africa as Transition Takes Center Stage

" alt="Invictus Inks Gas Sales MOU to Deliver Power to Eureka Gold Mine">

Invictus Inks Gas Sales MOU to Deliver Power to Eureka Gold Mine

" alt="Globeleq Acquires the 25 MWp Winnergy Solar PV Plant in Egypt">

Globeleq Acquires the 25 MWp Winnergy Solar PV Plant in Egypt

" alt="Sintana Completes Well Testing at Mopane 1-X in Namibia">

Sintana Completes Well Testing at Mopane 1-X in Namibia