{"id":11825,"date":"2022-02-14T18:29:20","date_gmt":"2022-02-14T18:29:20","guid":{"rendered":"https:\/\/www.oilnewskenya.com\/?p=11825"},"modified":"2022-02-14T18:29:20","modified_gmt":"2022-02-14T18:29:20","slug":"tanzania-mnazi-bay-volumes-24-up-in-latest-competent-persons-report","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/tanzania-mnazi-bay-volumes-24-up-in-latest-competent-persons-report\/","title":{"rendered":"TANZANIA: Mnazi Bay Volumes 24% Up in latest Competent Persons Report"},"content":{"rendered":"

Highlights<\/span><\/p>\n

\u00b7\u00a0 \u00a0\u00a0<\/span>Wentworth’s share of gross 2P Reserves as at\u00a031 December 2021\u00a0estimated to be 135.2 Bcf (22.5 MMboe) with an after-tax NPV10 of\u00a0US$108.1 million<\/span><\/p>\n

\u00b7\u00a0\u00a0\u00a0\u00a0<\/span>Gross full-year 2021 production was 29.8 Bcf representing an approximate 24% increase over 2020 gross production volumes<\/span><\/p>\n

\u00b7\u00a0\u00a0\u00a0\u00a0<\/span>Remaining economically recoverable gross 2P sales gas for the\u00a0Mnazi Bay Gas\u00a0field estimated at 423.3 Bcf<\/span><\/p>\n

\u00b7\u00a0\u00a0\u00a0\u00a0<\/span>Cumulative Mnazi Bay Field production to the end of 2021 is 154.4 Bcf<\/span>\u00a0<\/span><\/p>\n

\u00b7\u00a0\u00a0\u00a0\u00a0<\/span>Mnazi Bay Facility safely operated for over 2,000 days (or 5.5 years) without a lost time incident<\/span><\/p>\n

\u00b7\u00a0\u00a0\u00a0\u00a0<\/span>Employee safety remains a top priority and robust precautionary measures remain in place relating to COVID-19<\/span><\/p>\n

Reserves Update<\/span><\/p>\n

RPS Energy Canada Ltd, an independent third-party reserves evaluator, completed a Competent Persons Report for the Company’s interest in the Mnazi Bay licence with an effective date of 31 December 2021.\u00a0 The updated full field 2P gross reserves for the Mnazi Bay gas field are 423.3 Bcf (83.6 Bcf being Wentworth’s share of net reserves).\u00a0 This compares to 445.3 Bcf as at 31 December 2020 reflecting a year of strong production. Full-year 2021 gross production increased 24% to 29.8 Bcf (FY 2020: 23.9 Bcf).<\/span><\/p>\n

The after-tax NPV10 for the 2P reserves as at\u00a031 December 2021\u00a0is\u00a0US$108.1 million\u00a0net to Wentworth.<\/span><\/p>\n

During 2021, Wentworth returned\u00a0US$3.9 million\u00a0to shareholders, made further capital returns via share buy-backs of\u00a0US$2.0 million\u00a0and increased its cash position (unaudited) to\u00a0US$22.8\u00a0million\u00a0as at\u00a031 December 2021\u00a0(2020:\u00a0US$17.8 million).<\/span><\/p>\n

\u00a0<\/span><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

Reserves Summary<\/span><\/p>\n

as at\u00a0December 31, 2021<\/span><\/p>\n<\/td>\n

\n

\n<\/td>\n<\/tr>\n

\n

Reserves Category<\/span><\/p>\n<\/td>\n

\n

Mnazi Bay Field<\/span><\/p>\n<\/td>\n

\n

Wentworth 31.94% WI<\/span><\/p>\n<\/td>\n

\n

\n<\/td>\n<\/tr>\n

\n

Gross(1)<\/sup>\u00a0Reserves<\/span><\/p>\n<\/td>\n

\n

Gross(1)<\/sup>\u00a0Reserves<\/span><\/p>\n<\/td>\n

\n

Net(2)<\/sup>\u00a0Reserves<\/span><\/p>\n<\/td>\n

\n

\n<\/td>\n<\/tr>\n

\n

Sales Gas<\/span><\/p>\n<\/td>\n

\n

BOE<\/span><\/p>\n<\/td>\n

\n

Sales Gas<\/span><\/p>\n<\/td>\n

\n

BOE<\/span><\/p>\n<\/td>\n

\n

Sales Gas<\/span><\/p>\n<\/td>\n

\n

BOE<\/span><\/p>\n<\/td>\n

\n

\n<\/td>\n<\/tr>\n

\n

(Bscf)<\/span><\/p>\n<\/td>\n

\n

(MMbbl)<\/span><\/p>\n<\/td>\n

\n

(Bscf)<\/span><\/p>\n<\/td>\n

\n

(MMbbl)<\/span><\/p>\n<\/td>\n

\n

(Bscf)<\/span><\/p>\n<\/td>\n

\n

(MMbbl)<\/span><\/p>\n<\/td>\n

\n

\n<\/td>\n<\/tr>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n<\/tr>\n

\n

PDP<\/span><\/p>\n<\/td>\n

\n

\u00a0 81.9<\/span><\/p>\n<\/td>\n

\n

\u00a0 13.6<\/span><\/p>\n<\/td>\n

\n

\u00a0 26.1<\/span><\/p>\n<\/td>\n

\n

\u00a0 4.4<\/span><\/p>\n<\/td>\n

\n

\u00a0 23.0<\/span><\/p>\n<\/td>\n

\n

\u00a0 3.8<\/span><\/p>\n<\/td>\n

\n

\n<\/td>\n<\/tr>\n

\n

PD<\/span><\/p>\n<\/td>\n

\n

\u00a0 81.9<\/span><\/p>\n<\/td>\n

\n

\u00a0 13.6<\/span><\/p>\n<\/td>\n

\n

\u00a0 26.1<\/span><\/p>\n<\/td>\n

\n

\u00a0 4.4<\/span><\/p>\n<\/td>\n

\n

\u00a0 23.0<\/span><\/p>\n<\/td>\n

\n

\u00a0 3.8<\/span><\/p>\n<\/td>\n

\n

\n<\/td>\n<\/tr>\n

\n

1P<\/span><\/p>\n<\/td>\n

\n

\u00a0 221.7<\/span><\/p>\n<\/td>\n

\n

\u00a0 37.0<\/span><\/p>\n<\/td>\n

\n

\u00a0 70.8<\/span><\/p>\n<\/td>\n

\n

\u00a0 11.8<\/span><\/p>\n<\/td>\n

\n

\u00a0 46.9<\/span><\/p>\n<\/td>\n

\n

\u00a0 7.8<\/span><\/p>\n<\/td>\n

\n

\n<\/td>\n<\/tr>\n

\n

2P<\/span><\/p>\n<\/td>\n

\n

\u00a0 423.3<\/span><\/p>\n<\/td>\n

\n

\u00a0 70.5<\/span><\/p>\n<\/td>\n

\n

\u00a0 135.2<\/span><\/p>\n<\/td>\n

\n

\u00a0 22.5<\/span><\/p>\n<\/td>\n

\n

\u00a0 83.6<\/span><\/p>\n<\/td>\n

\n

\u00a0 13.9<\/span><\/p>\n<\/td>\n

\n

\n<\/td>\n<\/tr>\n

\n

3P<\/span><\/p>\n<\/td>\n

\n

\u00a0 671.9<\/span><\/p>\n<\/td>\n

\n

\u00a0 112.0<\/span><\/p>\n<\/td>\n

\n

\u00a0 214.6<\/span><\/p>\n<\/td>\n

\n

\u00a0 35.8<\/span><\/p>\n<\/td>\n

\n

\u00a0 126.7<\/span><\/p>\n<\/td>\n

\n

\u00a0 21.1<\/span><\/p>\n<\/td>\n

\n

\n<\/td>\n<\/tr>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n<\/tr>\n

\n

(1)\u00a0 Gross Reserves are Company Working Interest Share of Total Field Reserves<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

(2)\u00a0 Net Reserves are calculated as the product of Company Gross Reserves and the ratio of<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Company net revenue to Company WI share of field gross revenue<\/span><\/p>\n

\u00a0<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

\n<\/td>\n

\n

Wentworth Resources Working Interest Reserves for\u00a0Mnazi Bay<\/span><\/p>\n

as at\u00a0December 31, 2021<\/span><\/p>\n

Contracted Price Forecast 2022-01-01<\/span><\/p>\n<\/td>\n

\n

\n<\/td>\n<\/tr>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

NPV After Tax<\/span><\/p>\n<\/td>\n

\n

\n<\/td>\n<\/tr>\n

\n

\n<\/td>\n

\n

Reserve Category<\/span><\/p>\n<\/td>\n

\n

\n<\/td>\n

\n

Million US$<\/span><\/p>\n<\/td>\n

\n

\n<\/td>\n<\/tr>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

0%<\/span><\/p>\n<\/td>\n

\n

5%<\/span><\/p>\n<\/td>\n

\n

10%<\/span><\/p>\n<\/td>\n

\n

15%<\/span><\/p>\n<\/td>\n

\n

20%<\/span><\/p>\n<\/td>\n

\n

\n<\/td>\n<\/tr>\n

\n

\n<\/td>\n

\n

PROVED<\/span><\/p>\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n<\/tr>\n

\n

\n<\/td>\n

\n

Producing<\/span><\/p>\n<\/td>\n

\n

\n<\/td>\n

\n

\u00a0 45.0<\/span><\/p>\n<\/td>\n

\n

\u00a0 41.2<\/span><\/p>\n<\/td>\n

\n

\u00a0 37.9<\/span><\/p>\n<\/td>\n

\n

\u00a0 35.0<\/span><\/p>\n<\/td>\n

\n

\u00a0 32.5<\/span><\/p>\n<\/td>\n

\n

\n<\/td>\n<\/tr>\n

\n

\n<\/td>\n

\n

Non Producing<\/span><\/p>\n<\/td>\n

\n

\n<\/td>\n

\n

\u00a0 –<\/span><\/p>\n<\/td>\n

\n

\u00a0 –<\/span><\/p>\n<\/td>\n

\n

\u00a0 –<\/span><\/p>\n<\/td>\n

\n

\u00a0 –<\/span><\/p>\n<\/td>\n

\n

\u00a0 –<\/span><\/p>\n<\/td>\n

\n

\n<\/td>\n<\/tr>\n

\n

\n<\/td>\n

\n

Undeveloped<\/span><\/p>\n<\/td>\n

\n

\n<\/td>\n

\n

\u00a0 60.2<\/span><\/p>\n<\/td>\n

\n

\u00a0 47.7<\/span><\/p>\n<\/td>\n

\n

\u00a0 38.8<\/span><\/p>\n<\/td>\n

\n

\u00a0 32.2<\/span><\/p>\n<\/td>\n

\n

\u00a0 27.2<\/span><\/p>\n<\/td>\n

\n

\n<\/td>\n<\/tr>\n

\n

\n<\/td>\n

\n

TOTAL PROVED<\/span><\/p>\n<\/td>\n

\n

\n<\/td>\n

\n

\u00a0 105.2<\/span><\/p>\n<\/td>\n

\n

\u00a0 88.9<\/span><\/p>\n<\/td>\n

\n

\u00a0 76.6<\/span><\/p>\n<\/td>\n

\n

\u00a0 67.2<\/span><\/p>\n<\/td>\n

\n

\u00a0 59.7<\/span><\/p>\n<\/td>\n

\n

\n<\/td>\n<\/tr>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n<\/tr>\n

\n

\n<\/td>\n

\n

Probable<\/span><\/p>\n<\/td>\n

\n

\n<\/td>\n

\n

\u00a0 74.5<\/span><\/p>\n<\/td>\n

\n

\u00a0 46.9<\/span><\/p>\n<\/td>\n

\n

\u00a0 31.4<\/span><\/p>\n<\/td>\n

\n

\u00a0 22.3<\/span><\/p>\n<\/td>\n

\n

\u00a0 16.7<\/span><\/p>\n<\/td>\n

\n

\n<\/td>\n<\/tr>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n<\/tr>\n

\n

\n<\/td>\n

\n

PROVED + PROBABLE<\/span><\/p>\n<\/td>\n

\n

\n<\/td>\n

\n

\u00a0 197.7<\/span><\/p>\n<\/td>\n

\n

\u00a0 135.8<\/span><\/p>\n<\/td>\n

\n

\u00a0 108.1<\/span><\/p>\n<\/td>\n

\n

\u00a0 89.5<\/span><\/p>\n<\/td>\n

\n

\u00a0 76.4<\/span><\/p>\n<\/td>\n

\n

\n<\/td>\n<\/tr>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n<\/tr>\n

\n

\n<\/td>\n

\n

Possible<\/span><\/p>\n<\/td>\n

\n

\n<\/td>\n

\n

\u00a0 100.4<\/span><\/p>\n<\/td>\n

\n

\u00a0 61.7<\/span><\/p>\n<\/td>\n

\n

\u00a0 42.6<\/span><\/p>\n<\/td>\n

\n

\u00a0 32.1<\/span><\/p>\n<\/td>\n

\n

\u00a0 25.8<\/span><\/p>\n<\/td>\n

\n

\n<\/td>\n<\/tr>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n<\/tr>\n

\n

\n<\/td>\n

\n

PROVED + PROBABLE + POSSIBLE<\/span><\/p>\n<\/td>\n

\n

\n<\/td>\n

\n

\u00a0 280.2<\/span><\/p>\n<\/td>\n

\n

\u00a0 197.5<\/span><\/p>\n<\/td>\n

\n

\u00a0 150.6<\/span><\/p>\n<\/td>\n

\n

\u00a0 121.6<\/span><\/p>\n<\/td>\n

\n

\u00a0 102.2<\/span><\/p>\n<\/td>\n

\n

\n<\/td>\n<\/tr>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n

\n

\n<\/td>\n<\/tr>\n

<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

The full CPR is available on the Company’s website: \u00a0<\/span>www.wentplc.com\/investors\/documents<\/a><\/span>.\u00a0<\/span><\/p>\n

Katherine Roe, CEO, commented:<\/span><\/p>\n

“Our 2021 CPR reconfirms the long-term potential at\u00a0Mnazi Bay, which continues to go from strength-to-strength having produced impressive volumes last year. The upwards revision in PDP reserves, after accounting for production, reflects our strong technical fundamentals as well as the hard work and ongoing investment of the Mnazi Bay JV partners.<\/span><\/p>\n

“Our robust operations and reserves potential will enable us to continue supplying the people of\u00a0Tanzania\u00a0with a low-carbon, sustainable energy supply while returning capital to shareholders through our progressive dividend policy for the long-term.”<\/span><\/p>\n

\n

\u00a0<\/span><\/p>\n\n\n\n
<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Highlights \u00b7\u00a0 \u00a0\u00a0Wentworth’s share of gross 2P Reserves as at\u00a031 December 2021\u00a0estimated to be 135.2 Bcf (22.5 MMboe) with an after-tax NPV10 of\u00a0US$108.1 million \u00b7\u00a0\u00a0\u00a0\u00a0Gross full-year 2021 production was 29.8 … Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":11353,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[7442,7443,11],"tags":[1608,2198,2466,2719],"class_list":["post-11825","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-countries","category-eastern-africa","category-top-news","tag-mnazi-bay","tag-rps-energy","tag-tanzania","tag-wentworth-resources","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/12\/Tanzania-Wentworth.jpg?fit=826%2C460&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-34J","jetpack-related-posts":[{"id":9799,"url":"https:\/\/www.oilnewskenya.com\/index.php\/wentworth-resources-provides-operational-update-and-reserves-update\/","url_meta":{"origin":11825,"position":0},"title":"TANZANIA: Wentworth Resources Provides Operational Update and Reserves Update","author":"","date":"February 2, 2021","format":false,"excerpt":"Highlights \u00b7\u00a0\u00a0\u00a0\u00a0To date, there have been zero reported cases of COVID-19 at\u00a0Mnazi Bay. Employee safety remains a top priority and robust precautionary measures remain in place \u00b7\u00a0\u00a0\u00a0\u00a0Wentworth's share of gross 2P Reserves as at\u00a031 December 2020\u00a0estimated by\u00a0RPS Group\u00a0to be 142.2 Bcf (23.7 mmboe) with a post-tax NPV10 of\u00a0$116.6 million \u00b7\u00a0\u00a0\u00a0\u00a0Debt\u2026","rel":"","context":"In "Eastern Africa"","block_context":{"text":"Eastern Africa","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/eastern-africa\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/02\/Mnazi-Bay-Field.png?fit=478%2C561&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":10829,"url":"https:\/\/www.oilnewskenya.com\/index.php\/tanzania-wentworth-resources-provides-mnazi-bay-update\/","url_meta":{"origin":11825,"position":1},"title":"TANZANIA: Wentworth Resources Provides Mnazi Bay Update","author":"","date":"September 2, 2021","format":false,"excerpt":"Strong Operational Performance Reiterate increased production guidance range for the year of 70 - 80 MMscf\/day (gross) compared to previous guidance of 65 - 75 MMscf\/day Production at Mnazi Bay averaged 80 MMscf\/day (H1 2020: 58 MMscf\/day), the highest H1 production performance achieved to date Production capacity of existing wells\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/02\/Mnazi-Bay-Field.png?fit=478%2C561&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":10251,"url":"https:\/\/www.oilnewskenya.com\/index.php\/tanzania-wentworth-resources-final-results-for-the-year-ended-31-december-2020\/","url_meta":{"origin":11825,"position":2},"title":"TANZANIA: Wentworth Resources Final Results for the year ended 31 December 2020","author":"","date":"April 22, 2021","format":false,"excerpt":"Financial \u00b7\u00a0\u00a0\u00a0\u00a0Declaring a final dividend in respect of FY 2020 of 1.0 pence per share ($2.6 million); a total dividend distribution in respect of 2020 of $3.8 million (1.5 pence per share) representing an increase of 27% from 2019 ($3.0 million) and a yield of approximately 6.7% (calculated on an\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/01\/Wentworth-Resources.png?fit=375%2C286&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":3101,"url":"https:\/\/www.oilnewskenya.com\/index.php\/wentworth-resources-estimates-3-5m-tanzania-monthly-gas-sales\/","url_meta":{"origin":11825,"position":3},"title":"Wentworth Resources Estimates $3.5m in Tanzania Monthly Gas Sales","author":"","date":"June 23, 2015","format":false,"excerpt":"Wentworth Resources says it estimates that monthly gas sales in Tanzania into new government owned pipeline Q3 2015 could reach an estimated $3.5m monthly. Initially Mnazi Bay will be the only supplier of gas in Tanzania into new pipeline from 5 wells which will be producing in the field by\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/mnazi-bay-gas.jpg?fit=750%2C665&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/mnazi-bay-gas.jpg?fit=750%2C665&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/mnazi-bay-gas.jpg?fit=750%2C665&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/mnazi-bay-gas.jpg?fit=750%2C665&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":2691,"url":"https:\/\/www.oilnewskenya.com\/index.php\/wentworths-tanzania-mnazi-bay-reserves-valued-153-million\/","url_meta":{"origin":11825,"position":4},"title":"Wentworth\u2019s Tanzania Mnazi Bay Reserves valued at $153 million","author":"","date":"March 12, 2015","format":false,"excerpt":"Wentworth Resources has announced the results of an independent evaluation of its gas reserves within the Mnazi Bay Concession in Tanzania, carried out by RPS Energy Canada Ltd have put the value at $152.9 million after tax. This is the first independent reserves attributed to the Company's Mnazi Bay gas\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/08\/mnazi-bay.png?fit=315%2C417&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":6444,"url":"https:\/\/www.oilnewskenya.com\/index.php\/mnazi-bay-q3-2017-gross-production-volumes-reach-60mmscfd\/","url_meta":{"origin":11825,"position":5},"title":"Mnazi Bay Q3 2017 Gross Production Volumes Reach 60MMscf\/d","author":"","date":"October 23, 2017","format":false,"excerpt":"Joint Venture partner at the Mnazi Bay license has reported that Q3 2017 gross production volumes from the Mnazi Bay gas field averaged 60 MMscf\/d, bringing the year-to-date average to 45 MMscf\/d. The partners expect that production volumes will continue at similar levels into Q4 with October 2017 month-to-date averaging\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/10\/mnazi-bay-pipeline.png?fit=437%2C531&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/11825","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=11825"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/11825\/revisions"}],"predecessor-version":[{"id":11826,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/11825\/revisions\/11826"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/11353"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=11825"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=11825"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=11825"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}