Wentworth Resources has now released their results covering Q3 for the year ending 2017. Revenues increased by $1.7M when compared to Q3 last year. Production and operating costs were up $139K and depreciation and depletion increased by $411K which meant … Continue reading
Wentworth Resources has now released their interim results for the year ending 2017. Revenues decreased by $1.5M when compared to the first half of last year. Production and operating costs increased by $143K but general and admin costs were down … Continue reading
Wentworth Resources has now released its final results for the year ended 2016. Revenues increased by $7.1M when compared to last year due to the start of gas sales to the new pipeline in Q3 2015. Staff costs declined by … Continue reading
Wentworth Resources has now released its Q3 results for the year ending 2016. Revenues increased by $1.4M when compared to Q3 last year. Production costs increased by $26K and depreciation/depletion grew by $398K, offset by a $414K reduction in admin … Continue reading
Wentworth Resources has now released its interim results for the year ending 2016. Revenues increased by $6.1M when compared to last year and a production cost decline was offset by an increase in admin costs before a $2.1M depletion charge … Continue reading
Wentworth Resources has now released its Q1 results for the year ending 2016. Gas revenues increased by $2.9M when compared to Q1 last year. Production and operating costs were up $393K due to increased field staffing levels to cope with … Continue reading
As of the year-end, the participation interests in production operations in the Mnazi Bay Concession were M&P with 48% who are also the operator, Wentworth with 32% and TPDC with 20%. Wentworth Resources has now released its final results for … Continue reading
Wentworth Resources has now released its Q3 results for the year ending 2015. The sales of natural gas in Tanzania increased by $702K when compared to Q3 last year. Production and operating costs also grew, up $278K (including $190K relating … Continue reading
Wentworth Resources has now released its interim results for the year ending 2015. When compared to the first half of last year, natural gas sales increased by just $75K due to slightly higher demand from new electricity customers and lower … Continue reading
Wentworth Resources is an East Africa focused oil and natural gas explorer and producer. They are incorporated in Canada and listed on the Oslo Stock exchange and AIM – quite an eclectic mix! There are two operating segments – Tanzania, … Continue reading