Wentworth Provides Payment Update

Source: www.gulfoilandgas.com 2/1/2018, Location: Africa

Wentworth, the Oslo Stock Exchange and AIM listed independent, East Africa-focused oil & gas company, is providing an update to shareholders regarding recent payments received for gas sales.

The Company is pleased to inform shareholders that payments have been received during January from Tanzania Petroleum Development Corporation ("TPDC") and Tanzania Electric Supply Company Limited ("Tanesco") totalling $1.82 million net to Wentworth for gas sales during 2017. As expected, TPDC and Tanesco continue to settle invoices on a regular monthly basis thereby allowing the Company to continue to strengthen its' current financial position.

In order to provide consistent updates to the market, the Company will release monthly updates at the beginning of each month detailing payments received for gas sales in the prior month.

For more information about related Opportunities and Key Players visit East Africa Projects


Guyana >>  4/16/2021 - Frontera Energy Corporation (FEC) (Frontera) and CGX Energy Inc. (OYL) ("CGX"), joint venture partners in Petroleum Prospecting Licenses for the Coren...
United Kingdom >>  4/16/2021 - IGas announces that it has posted its annual report and financial statements to shareholders together with the notice of the 2021 AGM and forms of pro...

Falkland Islands >>  4/14/2021 - Borders & Southern, the London based independent oil and gas exploration company with assets offshore the Falkland Islands, has announced its audited ...
Norway >>  4/14/2021 - Lundin Energy AB will publish its financial report for the first quarter 2021 on Thursday, 29 April 2021. For the first quarter 2021, Lundin Energy wi...

Singapore >>  4/14/2021 - Atlantic Gulf & Pacific Company (AG&P) and its subsidiaries are entering the second quarter of 2021 with a record backlog of contracted projects total...
United Arab Emirates >>  4/14/2021 - Polarcus Limited (in provisional liquidation) refers to the announcement issued on 2 February 2021 concerning, among other matters, the status of disc...

Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 


Gulf Oil and Gas
Copyright 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.