Rovuma Onshore Concession

  • Primarily onshore, north-eastern Mozambique bordering the Rovuma River to the north and extending east into the Indian Ocean
  • Concession area west of and adjacent to Anadarko's Offshore Area 1 concession (estimated gas resources of 45-70 Tcf)
  • Exploration History - 4 wells drilled to date:
    • Mocimboa-1: Oil and gas shows in Cretaceous age turbidites
    • Mecupa-1: Tertiary gas shows
    • Tembo-1 (drilled in 2014): Gas and condensate shows in the Cretaceous – Petrophysical analysis of the Cretaceous section indicates 11 meters of natural gas net pay with a notice of discovery filed with the Mozambique government in December 2014
    • Kifaru-1 (drilling in 2015): Encountered all targeted zones in the Miocene, Oligocene and Eocene formations but failed to find an economic reservoir
    • Extensive 2D seismic including 1,016km acquired in 2012/13
  • The Onshore Rovuma Concession exploration license expired on August 31, 2015. Prior to the expiry of the license, Wentworth informed the Mozambique government of an intention to appraise the natural gas discovery in the Tembo-1 well. All concession partners other than Wentworth and state owned ENH have indicated they will be relinquishing their participation interest in the Rovuma Onshore Block. Discussions are ongoing with the Mozambique government to allocation the relinquishing parties participation interest, appoint an operator, determine an appraisal area and determine an appraisal plan.

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