Wentworth’s core asset is the Mnazi Bay Concession in Tanzania where the Company holds participation interests of 31.94%.
In Tanzania, average 2019 gross production guidance from 5 existing wells is 75-85 MMscf/day to meet the surging gas demand in country.
Wentworth Resources plc is publicly-traded on the London Stock Exchange (AIM: WEN). This page contains links to announcements, presentations and financial reports and details of corporate governance matters.
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Our strategy is to grow the Company beyond our current asset base and deliver shareholder value through asset; free cash flow and net income growth; and ultimately dividends with capital appreciation.
We intend to do this through a focused M&A mandate which primarily looks to leverage our differentiated capabilities, simpler Corporate platform and long-lived Tanzanian revenue generating asset.
Our Tanzanian Mnazi Bay core asset is a low cost, onshore producing gas asset with material running room, and is a pre-eminent gas to power supplier in a demand hungry landscape.
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