Tanzania: Wentworth buys Scirocco’s Ruvuma upstream gas holding

Issue 463 - 15 Jun 2022

AIM-listed Wentworth Resources is to acquire a 25% stake in Tanzania’s Ruvuma production-sharing agreement from Scirocco Energy for up to $16m, in a deal which covers the 1.9tcf Ntorya gas discovery on which a final investment decision is expected in 2023.

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