Wentworth Resources Announces Updated Contingent & Prospective Resources

Wentworth Resources Announces Updated Contingent & Prospective Resources

ID: 66457

(Thomson Reuters ONE) -


Wentworth Resources Limited ("WRL", Wentworth" or the "Company"), the
independent East Africa-focused oil & gas company, announces updated independent
assessments of the Company's contingent and prospective resources have been
completed by RPS Energy Canada Ltd. and its associated geology and geophysics
firm, Petrel Robertson Consulting Ltd. ("RPS" ).

Executive Chairman, Bob McBean, commented on RPS' report:

"We are pleased to report that technical work on the Mnazi Bay concession area,
Tanzania, has now advanced sufficiently to enable RPS to assign additional
prospective resources to the block.  We look forward to proving up the potential
of this block further through additional exploration and appraisal drilling
during the current work phase."

Highlights

* Mnazi Bay, Tanzania - 667Bcf gross and 169Bcf net P50 recoverable contingent
resources (unrisked); and
* Mnazi Bay, Tanzania - 1,948Bcf gross and 618Bcf net P50 recoverable
prospective resources (unrisked).


For further details on the RPS Resource Assessment of Wentworth's interests in
the Mnazi Bay License in Tanzania, please see the attached.



This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.




2011 09 19 Press Release:
http://hugin.info/136496/R/1547404/474910.pdf




This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Wentworth Resources Limited via Thomson Reuters ONE





[HUG#1547404]


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Bereitgestellt von Benutzer: hugin
Datum: 19.09.2011 - 07:15 Uhr
Sprache: Deutsch
News-ID 66457
Anzahl Zeichen: 2121

contact information:
Town:

Calgary, Alberta



Kategorie:

Business News



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