3rd East Africa Oil & Gas Summit Dar es Salaam, 27 March 2014
Presenter Robert Bob McBean 1. Founder & Executive Chairman of East Africa focussed, London Stock Exchanges AIM and Oslo-listed, Wentworth Resources Limited; 2. Former Non-executive Chairman of East African E&P company, TSXV-…
Supporting Education for a Brighter Future 4
Overview A Company committed to East Africa - to date Wentworth and its partners have invested over US375 million in just two concession areas in Tanzania and Mozambique Distinctive Portfolio in a Prolific Rovuma Basin World-class…
Wentworths Rovuma Basin Portfolio Wentworths concessions are adjacent to BG Group and Anadarkos offshore areas Description / Minimum Work License Interest % Partners Area (km2) Commitments Tanzania: Operator 5 wells drilled; all…
Rovuma Basin, East Africa Exploration A world class gas region with substantial upside potential Estimated Discovered Major participants Gas (GIIP)* South Tanzania 30-40+ TCF North Mozambique 130+ TCF Discoveries in the…
East Africa: The verdict is in 200Tcf of natural gas and counting 8
LNG is on everyones mind but power, ports, roads, pipelines and other infrastructure must come first 9
Mnazi Bay to Dar es Salaam Gas Pipeline Project 10
Pipeline Progress 11
East Africa: The Next Qatar Doha, Qatar 2014 12
LNG projects make the news but petrochemicals, fertilizer, GTL, and other gas projects are viable, stand alone projects in their own right 13
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 export commodity chemicals from natural gas. Abundant dry, sweet gas on tidewater Direct sea access to the important Asian markets Choke points…
Unique Opportunity to Recreate Qatari Growth Downtown Doha circa 1990 Downtown Doha today 17
Qatar in 1995 and East Africa Today Massive natural gas resources Lack of investment capital Lack of skilled human resource capital Virtually no infrastructure 18
What Qatar Government Did Right Invested in domestic power, ports, roads, and other infrastructure Entered into Joint Venture Agreements to attract international companies and capital Provided a legal and investment environment…
Key Message & Route to Success Natural gas can transform an economy but it is not a get rich quick scheme Success depends upon long term investments in infrastructure and people Time to invest in infrastructure and education is now…
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Contact Information Robert McBean, Executive Chairman, rpmwentworthresources.com Ph: +97150 453 9461 Eric Fore, Finance & IR Manager, etfwentworthresources.com Ph: +97150 458 0422 Calgary Office 3210, 715-5th Avenue S.W.,…