Wentworth Gets Paid in Tanzania

Wednesday, July 4, 2018

Wentworth informed its shareholders that payments received during June 2018 for gas sales generated from the Mnazi Bay Concession in Tanzania totalled $3.1 million net to Wentworth. Payments were received from both state-run oil firm TPDC and state-run utility Tanesco.

The payment was for one month’s gas sales to TPDC and one month’s gas sales to Tanesco.

The company is also pleased to report that gross production volumes during June 2018 from the Mnazi Bay gas field averaged 87 Mmscf/d.

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