Oil company Wentworth Resources, involved in exploration actions in northern Mozambique, will appoint Eskil Jersing as the new CEO in the second quarter of this year, the company said in a statement.
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Mozambique Oil & Gas: Wentworth Resources starts farmout process for Tembo-1 appraisal asset
Wentworth Resources has announced that, further to the Operational Update in April and the successful Private Placement in May, the farm-out process for the Company’s Tembo-1 appraisal asset in northern Mozambique is now underway. The analysis of the results from the Tembo-1 discovery well and interpretation of the existing seismic data are now complete.
Read MoreMozambique Oil & Gas: Government approves Wentworth’s Tembo-1 gas well development
East Africa-focused oil and gas explorer Wentworth Resources has received governmental approval for its Tembo-1 gas discovery appraisal plan in Mozambique, becoming operator and increasing its interest from 11.59 percent to 85 percent.
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