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IN BRIEF: Wentworth Outlines Mnazi Bay Reserves Estimate

Tue, 02nd Feb 2021 11:50

Wentworth Resources PLC - Tanzania-focused natural gas production company - Sets 2021 output guidance at 65 million to 75 million standard cubic feet per day. Updates on reserves report at Mnazi Bay asset. Says proved, probable and possible reserves, or 3P, at 106.3 million barrels of oil equivalent, with Wentworth's share at 20.6 million boe.

Current stock price: 23.85, up 14% on Tuesday

Year-to-date change: up 26%

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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