Company Presentation February 2011 Oil & Gas Exploration, Production and Monetisation in East Africa Oslo Stock Exchange Symbol WRL 1
Contents Page 1. Disclaimer 3 2. Risk Factors 4-5 3. Wentworth Resources in brief 6 4. Focus on East Africa 7 5. Board of Directors 8 6. Management Team 9 7. E&P Concessions & Interests Overview 10 8. Tanzania 11 - 12 9.…
Risk factors A number of risk factors may have a material adverse effect on the Group and the value of Transfers of interests in the exploration and development typically require state approval, the Shares. Below is a brief summary of the…
Risk factors continued The Companys success depends, to a significant extent, upon its management and key The price of the Shares could experience substantial fluctuations caused by a number employees. The loss of key employees could…
Wentworth Resources in brief Management/Board Experienced energy professionals with extensive knowledge of East Africa Experience includes: exploration; large scale field production; and downstream project development Portfolio…
Ruvu Dodsal Regional E&P Kimbiji Block 8 Petrobras Focus on East Africa Wentworth Concession Areas & Interests Block 1 Ophir / BG Petrodel Concession Map Block 7 Dar es Salaam Dominion Over the past 18 months several major…
Board of Directors Bob McBean John Bentley Neil Kelly Chairman & CEO Deputy Chairman Non-Executive Director Mechanical Engineer with +40 years experience in the Degree in Metallurgy from from Brunel University MSc in Mechanical…
Management Team Salvator Ntomola Geoff Bury John Dragonetti Country Manager, Chief Operating Officer Regional Manager Tanzania BSc in Commerce from University of Alberta BA in Education and MA in Management from BSc in Geology…
E&P Concessions & Interests Overview Wentworth has interests in three adjacent East African hydrocarbon concessions: Wentworth Concession Areas & Interests Block 1 Mnazi Bay Concession Map Ophir / BG Tanzania: Mnazi Bay Concession…
Mnazi Bay Concession Map Tanzania Mnazi Bay Concession Onshore and Offshore Block (25.4% net W.I.) The Mnazi Bay concession covers a 756 km area in southeastern Mnazi Bay Field Tanzania, bordering Mozambique and lying along the flank…
Tanzania Exploration Arbitrary Seismic Line Msimbati Mnazi Bay Msimbati NE NE Extension Mnazi Bay Exploration Potential Wentworth is carried on one exploration well plus 200km 3D seismic Wentworth believes the concession potential of…
Mozambique Rovuma Offshore Area 1 (WRL 4.95% ORRI of Cove Energys Wentworth Concession Areas & Interests Block 1 Ophir / BG Mnazi profit Bay Concession Map petroleum) On 18 February 2010 Anadarko announced the first East African…
Mozambique Continued Rovuma Onshore (WRL 11.59% net W.I.) Wentworth Concession Areas & Interests Block 1 Mnazi Bay Concession Map Ophir / BG In August 2010 the partners received a six month extension (without further commitments) to…
Tanzania Mid & Downstream Operations Mtwara Energy Project (MEP) is an integrated gas-to-power project: MEP provides electricity to TANESCO in the Mtwara and Lindi regions of Southern Tanzania (current capacity is 18MW) Owned 87% by…
Long Term Gas Monetisation Strategy Expertise to develop a world-scale natural gas to petrochemicals facility to monetise Mnazi Bay gas Wentworth senior executives and directors include developers of projects such as: Qatar Fuel…
Milestones & Indicative Timeline 2011 2012 Milestones Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 WRL upstream executive appointment to lead E&P activities going forward Defined and approved timetable to acquire seismic and drill onshore Rovuma…
Top 20 Shareholders as of 5th February 2011 Shareholders list source is Oslo VPS Holdings Percentage Name Account type Citizenship Insider 6,926,191 11.22 Robert P. McBean CAN Yes 5,432,307 8.80 Deutsche Bank AG London Prime…
Contacts & Details For enquiries please contact: Robert Bob McBean Geoff Bury Eric Fore Chairman & CEO Chief Operating Officer Finance, Investor & Public Relations Email: rpmwentworthresources.com Email: gpbwentworthresources.com Email:…
Appendix current unaudited balance sheet & income statement 20
Consolidated Balance Sheets Unaudited (USD 000s) September 30th, 2010 September 31st, 2009 Assets Current Cash and cash equivalents 6,327 2,144 Cash held in trust - 3,340 Accounts receivable 3,293 4,113 Prepaid expenses and refundable…
Consolidated Statements of Operations and Comprehensive Loss and Deficit Unaudited (USD 000s) 9 months ended September 30 3 months ended September 30 2010 2009 2010 2009 Revenues Operating revenue, net of royalties 3,514 2,120 1,133 587…
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