Tembo Appraisal Waits On Farm in Partner

By Sa’ad Bashir, East Africa Correspondent

Wentworth Resources says that the drilling of an appraisal well on the Tembo structure depends on its finding a farm in partner to bear the cost.

The AIM and Oslo listed explorer made a gas discovery, Tembo 1, in cretaceous sands in the 2,500 km2 Tembo Block, onshore Mozambique, in December 2014 and an oil and gas bearing show in a deeper reservoir. Wentworth is hoping to encounter oil in a down dip, thicker section of that deeper reservoir.

With 85% operatorship, it has been hoping to farm down.

“The Company is now working on advancing a farm-out process with a view to securing an industry partner to jointly drill an appraisal well in 2018”, Wentworth says in a release.

Wentworth is working on 1,000 km of existing seismic data is complete, interpretation is being finalized and results from the Tembo-1 discovery well have been fully analyzed. We will update the market as material developments on this asset occur.



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