Exploration & Gas Monetisation in East Africa

Mnazi Bay Concession Prospects and Leads

Mnazi Bay PSA

License Surface Area Ownership % Production % Exploration
Mnazi Bay 756km2 Wentworth Resources 31.94 39.925
    Maurel et Prom1 48.06 60.075
    TPDC 20.00 n/a
1Denotes Operator
  1. Coastal (onshore and offshore), south-eastern Tanzania bordering the Ruvuma River to the south and extending east into the Indian Ocean;
  2. Concession area lies between Aminex's Ruvuma concession and BG Group's offshore Block 1 concession;
  3. Contains two Tertiary gas fields (Mnazi Bay and Msimbati);
  4. Additional exploration potential in the Tertiary, Cretaceous, and Jurassic
  5. Five wells drilled to date, all encountered hydrocarbons;
  6. One well producing natural gas, three wells completed and shut-in, and one P&A;
  7. Concessionaires own one gas processing plant, one gas receiving plant, and 27km of pipeline;
  8. Pipeline transports gas to the town of Mtwara for electricity generation (by others); and
  9. Current work programme includes processing and interpreting 250km of new offshore 3D seismic data and drilling one exploration or development well.

Contingent and Prospective Resources

Contingent Resources (Unrisked) Mnazi Bay License, Tanzania
(Bcf)
  100% Field Values Wentworth 31.94% Interest
  P90 P50 Mean P10 P90 P50 Mean P10
Gas Originally in Place 365 892 1,112 2,117 117 285 355 676
Recoverable Resources 271 667 834 1,594 87 213 266 509
Prospective Resources (Unrisked) Mnazi Bay License, Tanzania
(Bcf)
  100% Field Values Wentworth 39.925% Interest
  P90 P50 Mean P10 P90 P50 Mean P10
Gas Originally in Place 1,658 2,817 2,952 4,417 662 1,125 1,179 1,763
Recoverable Resources 1,133 1,948 2,062 3,142 452 778 823 1,254
Mnazi Bay Concession Prospects and Leads