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Total targets 2025 for first Uganda oil
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Africa will experience deep cuts and long delays to discretionary capex. But preparatory work continues for when the market recovers
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More haste, less speed in Malawi?
Malawi hopes to emulate its eastern African neighbours by making big hydrocarbons discoveries but progress is slow
Dar Es Salaam, Tanzania
Tanzania
Simon Ferrie
14 June 2022
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Wentworth expands Tanzania asset base

AIM-listed independent continues to target country’s domestic gas market

Tanzania-focused Wentworth Resources will acquire fellow AIM-listed independent Scirocco Energy’s 25pc non-operated working interest in the East African country’s Ruvuma asset for an initial $3mn and up to $13mn in contingent payments. The Ruvuma production-sharing agreement includes the 1.9tn ft³ (53.8bn m³) Ntorya gas discovery, which is adjacent to Wentworth’s existing Mnazi Bay gas development and around 39km from the government-operated Madimba gas plant. The firm intends to use its cash resources for the acquisition. The new joint venture partners plan to drill the Chikumbi-1 appraisal well late this year or early next. Assuming success there, FID is targeted for 2023, with the first g

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