Wednesday, November 15, 2017
Wentworth Resources has advanced its pre-drill activities in Mozambique on the Rovuma Onshore Concession, ahead of its planned drilling of the Tembo-2 appraisal well in 2018.
During Q3 Wentworth reprocessed and analysed existing seismic data with a view to identifying a well site location, obtaining environmental licenses, planning for the drilling of an appraisal well and compilation of tenders for the procurement of a drilling rig and long lead items such as casing and tubing for the well.
Wentworth designed the Tembo-2 to reach a total depth of 3,200meterswhich is planned as a vertical appraisal well to the Lower Cretaceous. Wentworth has started a process to procure the drilling rig and long lead items for the appraisal well.
Expressions of interest (EOI) have been prepared for supply of the drilling rig and casing and tubing. The company has identified several drilling rigs currently located within the region which are capable of drilling the planned appraisal well. The two EOIs are expected to be published in a Mozambican newspaper by the end of 2017 with an invitation to tender being sent to prospective bidders prior to year end.
Finalization of the well location and subsequent site visits to further inspect the site for the design of the well pad and site preparation, have been delayed due to the deteriorating security situation in and around the Macimboa da Praia region which is adjacent to the Company’s concession area. Clashes between police and extremists increased during October resulting in a heightened risk profile. Wentworth is monitoring the security situation closely and has sought advice from the Mozambican Authorities, the Canadian High Commission, other companies operating in the region and local security and risk management companies.