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TANZANIA: Wentworth Resources Provides Operational Update

Following record production achieved in 2021, Wentworth and its joint venture partners continued to realize strong production rates throughout 2022,recording an average production rate of 92 MMscf/d year to date. The five producing wells in the … Read More

TANZANIA: Scirocco Energy Divest its Interest in the Ruvuma Asset

Ruvuma Transaction Highlights Total consideration of up to US$16 million comprised of: Initial consideration of US$3 million payable on completion of the Proposed Transaction; US$3 million payable upon final investment … Read More

TANZANIA: Acquisition of 3D Seismic Survey over Ruvuma PSA will Commence in 2 Weeks

Ruvuma PSA JV partner Aminex has provided an update to its planned 338km2 3D seismic survey  over the Ruvuma PSA • Seismic camp fully constructed, and the contractor Africa Geophysical … Read More

TANZANIA: ARA Commences 1st Phase of the Ruvuma PSA 3D seismic project

ARA Petroleum Tanzania Limited (APT) has confirmed that the seismic contractor commenced preparatory works as planned on 15 November 2021, has now established the GPS control points and survey equipment … Read More

ARA Petroleum Tanzania Takes Over Operatorship of Ruvuma PSA following Farm-Out

ARA Petroleum Tanzania an affiliate of Eclipse Investments, the largest shareholder in Zubair Corporation will take over operatorship of the Ruvuma PSA after Ndovu Resources signed a binding farm-out agreement with the … Read More

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