Wentworth Resources reports increased gas sales

By Staff reporter 16 August 2016

East Africa-focused independent Wentworth Resources has reported gas sales revenues of $3.43 million for Q2 2016 compared with $290,000 for the same quarter in 2015.

Its net loss for the quarter was $170,000 compared with a net loss of $1.81 million in Q2 2015.

In Tanzania, the company’s daily gas production rose slightly over the quarter, reaching an average of 1.44 million cubic metres per day (MMcm/d) compared with 1.36 MMcm/d in Q1.

Wentworth expects to complete installation of the remaining permanent infrastructure at the Mnazi...

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