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Wentworth Resources Limited : Payment Update

Posted by OilVoice Press - OilVoice

02-Jul-2018


Wentworth, the Oslo Stock Exchange (OSE: WRL) and AIM (AIM: WRL) listed independent, East Africa- focused oil & gas company, today provides an update to shareholders.

The Company is pleased to inform 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 Tanzania Petroleum Development Corporation (“TPDC”) and Tanzania Electric Supply Company Limited (“Tanesco”) 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.

Wentworth ResourcesPayments UpdateAIMOSEEast AfricaOilgaso&g

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