Africa Independents Forum, Africa Oil Week, 30 October 2012
Overview Board & Oil & gas professionals from ExxonMobil, Management Anadarko, QAFAC, Africa Oil, Energy Africa, Black Marlin, and Tanzania Petroleum Development Corp. with over 300 years of combined global energy and petrochemicals…
Accomplishments to Date Wentworth took ownership and control of its onshore and offshore Rovuma Basin portfolio on July 26, 2010 and in that time we have: Built a team of competent professionals with extensive oil and gas…
The Rovuma Basin, East Africa The next Qatar 5
Gas Monetization Alternatives Reserves and Capital Requirements Gas reserves required (TCF) LNG (Single Train) Methanol GTL Bubble Area matched Ammonia to production volume 0 1 2 3 4 Investment cost (billion…
East Africas Competitive Advantages East Africa is an ideal place to produce commodity chemicals from natural gas. Direct sea access to the important Asian markets Import substitution for local and regional fertiliser and fuel…
Rovuma Basin Portfolio Tanzania: Mozambique: Mnazi Bay Concession Onshore Rovuma Block Licence Area: Licence Area: Approx. 756km Approx. 13,500km Participating Interest: Participating Interest*: 31.94% in production activities…
Tanzania: Mnazi Bay Onshore & Offshore Block Ruvuma (Rovuma) Basin in coastal south-eastern Tanzania Concession area between Aminexs Ruvuma concession and BG Groups offshore Block 1 756 km area containing two Tertiary gas fields…
Mnazi Bay - Future Exploration Activities Wentworth recently completed a comprehensive study to fully assess the hydrocarbon potential of the entire Mnazi Bay Concession to: 1) Target high potential plays, particularly the prolific…
Mnazi Bay Geology Proven gas resources and on trend with new exploration gas discoveries Mnazi Bay and Msimbati gas fields: one well on production & extended well tests on 3 wells planned Offshore prospects OSX-1 and OSX-2 are…
Tanzanian Gas Pipeline Pipeline to transport Mnazi Bay, Songo Songo, and offshore gas to Dar es Salaam for electricity generation and industrial use Approximately 532km, 36 from Dar es Salaam to Mnazi Bay, with a 24 line tying…
Mnazi Bay Gas Demand Growth Mnazi Bay Est. System Resources Deliverability (Tcf) (mmscf/d) 0.7* 80* 1.5 200 2.5 340 mmscf/d 3.7 510 + + + * Mnazi Bay Concession is capable of delivering up to 80 mmscf/d from…
Mozambique: Onshore Rovuma Onshore and Transition Zone Marine Block Only 2 wells drilled in an area of 13,500km Both wells encountered hydrocarbons Area has the potential to contain the Rovuma River Basin oil source Additional…
Mozambique: Onshore Rovuma 2012 Seismic Program 2D seismic program well underway Line clearing, surveying and data acquisition expected to be completed by end 2012 Data interpretation to be completed by end Q1 2013 16
Growth Strategy To advance offshore prospects and leads through 3D seismic acquisition in Mnazi Bay, Tanzania in 2012/13 To drill additional exploration and development wells offshore and onshore Mnazi Bay, Tanzania in 2013/14 To…
Milestones / Value Drivers 2012 2013 2014 Permit/ Capex (net) Project ( million*) Comments Country Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Tanzania Pipeline n/a Project handed over to EPC construction contractor in July Tanzania Pipeline n/a Gas…
Why Wentworth The only pure Rovuma Basin company Substantial near term revenue and profit growth Exploration upside Management capable of developing large-scale gas monetisation projects World class partners ready to join…
Contact Information Geoff Bury, Managing Director, gpbwentworthresources.com Lance Mierendorf, CFO, lance.mierendorfwentworthresources.com Eric Fore, Finance & IR Manager, etfwentworthresources.com Calgary office 3210, 715-5thAve.…
Appendices 21
Facts & Financials Corporate Head office in Dar es Salaam, Tanzania Corporate office in Calgary, Canada Satellite office in London, UK Top 5 Shareholders (as of October 19, 2012) 1) Robert McBean, Executive Chairman 9.90% 2)…
Board & Executive Team Board of Directors Bob McBean John Bentley Issa Baluch Cameron Barton Neil Kelly Richard Schmitt Executive Chairman Deputy Chairman Non-Executive Director Non-Executive Director Non-Executive Director…
Board & Executive Team cont. Executive Management Team Extensive oil and gas industry experience and strong petrochemicals project development and project management skills Geoff Former Chief Financial Officer of Voyager Energy Limited…
Resources Contingent Resources (Unrisked) Mnazi Bay License, Tanzania (Bcf) 100% Field Values Wentworth 31.94% Interest P90 P50 Mean P10 P90 P50 Mean P10 Gas Originally in Place 365 892 1,112 2,117 117 285 355 676 Recoverable…
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