How to Turn The Curse of Gas Into a Blessing

[mwanatanu]

Ndugu zangu wa JF na wa TZ kwa ujumla, tumeliwa kwenye viwanda vyetu alivyotujengea baba wa taifa JKN. Tumeibiwa katika rasilimali yetu ya dhahabu tunaendelea kuibiwa na rasilimali yetu ya bandari.

Sasa Mwenyezi Mungu katuletea natural gas ambayo wana wa vyuoni na akina IMF wanadai huwenda tukazidi hata Qatar.

Changa moto tunafanyaje kuhakikisha manufaa yanabaki kwetu?

 

[Kwame Nkrumah]

Ndugu zangu wa JF na wa TZ kwa ujumla, tumeliwa kwenye viwanda vyetu alivyotujengea baba wa taifa JKN. Tumeibiwa katika rasilimali yetu ya dhahabu tunaendelea kuibiwa na rasilimali yetu ya bandari.

Sasa Mwenyezi Mungu katuletea natural gas ambayo wana wa vyuoni na akina IMF wanadai huwenda tukazidi hata Qatar.

Changa moto tunafanyaje kuhakikisha manufaa yanabaki kwetu?

Chagua CHADEMA.

 

[Ehud]

Mbaya wetu ni ccm. Kama tunataka kufaidika na rasilimali zetu tuing'oe ccm madarakani hata kwa mtutu ikibidi

 

[mwanatanu]

[h=1]Ophir Energy kicks off Tanzania drill programme[/h] 3rd Jan 2012, 7:46 am by Jamie Ashcroft

The drillship Odfjell Metro-1 is now drilling the first of three wells offshore Tanzania Ophir Energy (LON:OPHR) today reported that its 2012 Tanzania drilling programme has now started.

It told investors that the drillship Odfjell Metro-1 is drilling the first of three wells.

First the top section of the Mzia-1 well is being drilled. This is expected to take 7-10 days to complete. After that the drillship will move on and drill the Jodari-1 well in its entirety before returning to complete the Mzia-1 well.

According to Ophir chief executive Nick Cooper, 2012 has the potential to be transformational for the company.

"We are pleased to start the year by kicking off our Tanzanian drilling programme and also to see drilling and seismic operations gearing up across our other key assets. Ophir plans to drill at least 9 wells across our portfolio in 2012," Cooper said.

Ophir said that 3D seismic programmes are now underway on the East Pande licence in Tanzania and the Mbeli and Ntsina assets in Gabon.

Meanwhile it is expecting to conclude negotiations for a 3-4 well drill programme in Equatorial Guinea. This drill programme is expected to start in late March, Ophir said.

Oriel Securities repeated a ‘buy’ recommendation on Ophir following the announcement. The broker says Ophir will be one of the most active explorers in the FTSE 250 this year.

“The initial three well programme aims to prove up sufficient resources to underpin a two train LNG project which we estimate could be worth 440p a share net to Ophir,” the broker said.

 

[mwanatanu]

​

Ophir Energy plc (Ophir)announces that a subsidiary has entered into agreement with Ras Al Khaimah Gas Tanzania Ltd (RAKGas) to acquire a 70% interest and Operatorship of a Production Sharing Agreement (PSA) over an area designated as the East Pande Block in Tanzania. Completion of this agreement is subject to standard Government consents.
The East Pande license lies in the coastal region of southern Tanzania covering an offshore and onshore area in excess of 7,500km2. The block lies immediately to the west of Blocks 1, 3 and 4 in which Ophir has a 40% interest. Ophir has recently drilled the first deepwater wells offshore Tanzania resulting in three significant gas discoveries. The maximum water depth in the East Pande block is approximately 2,000m. The PSA was awarded to RAKGas in 2006.
In late 2010 RAKGas acquired approximately 1,800 line kilometres of 2D seismic data in the offshore section of the block. The data indicates the continuous nature of the geology between East Pande and the prospective Ophir acreage to the east. Subject to partner and Government consent, Ophir intends to acquire a new 3D seismic survey in the offshore section of the block.
Under the terms of the farm in agreement, Ophir will fund 100% of the cost of the 3D seismic survey and will reimburse certain back-costs. In the event that Ophir elects to drill, RAKGas will be carried through the drilling of the first exploration well.
Ophir and RAKGas are also partners in the Berbera PSA in Somaliland.
Ophir's New Business Director Jonathan Taylor commented;
"We are delighted to extend our partnership with RAKGas to the East Pande project and to further deepen our relationship with the Government of Tanzania. With our recent exploration discoveries in Blocks 1 and 4, immediately adjacent to East Pande, we are well placed to build on this success and undertake a fast-track exploration campaign to pursue the petroleum potential of this exciting project."
Ophir Energy plc
Ophir Energy plc is a UK incorporated holding company with interests in 16 oil and gas exploration projects in 8 different African jurisdictions. The Group's headquarters are located in London (England), with operational offices in Perth (Australia), Malabo (Equatorial Guinea) Dar es Salaam/Mtwara (Tanzania) and Dakar (Senegal).

Wanauziana juu kwa juu.......

 

[mwanatanu]

[h=1]Wentworth Resources Limited : Ziwani-1 Exploration Well Starts Drilling in the Mnazi Bay Concession, Ruvuma Basin, Tanzania[/h] * Reuters is not responsible for the content in this press release.


Fri Feb 3, 2012 2:00am EST


3 FEBRUARY 2012

WENTWORTH RESOURCES LIMITED
("Wentworth" or "the Company")​

ZIWANI-1 EXPLORATION WELL STARTS DRILLING
IN THE MNAZI BAY CONCESSION, RUVUMA BASIN, TANZANIA​

Wentworth is pleased to announce that the onshore Ziwani-1 exploration well (Wentworth 52.225%) spudded at 18:30 local time, February 1, 2012. This is the first new well to be drilled in the Mnazi Bay concession area since the MS-1X exploration well was drilled, logged and tested in 2007. The details of the well are as follows:

• The fifth well to be drilled in the Mnazi Bay concession;
  
• Approximately 13 km to the west of the producing Mnazi Bay and Msimbati gas fields;
  
• Expected vertical target depth range is 1,800 to 2,500 meters;
  
• Targeting Miocene and Oligocene sandstones, similar to the reservoirs of the Mnazi Bay and Msimbati gas fields;
  
• Well operator is Maurel et Prom and drilling time is estimated to be 35 days; and
  
• The well is the start of the 2012 Mnazi Bay work programme, which includes this exploration well, three existing work-overs wells and one appraisal well or additional exploration well.

Wentworth will pay 30% of the costs of the Ziwani-1 well and holds a 52.225% participating interest in this exploration well, subject to the exercise of pre-emptive rights regarding the acquisition of Cove Energy's interest in Mnazi Bay as also announced on January 30, 2012.

This well and the 2012 work programme are designed to explore for additional hydrocarbon resources and to further prove up existing natural gas reserves. Proving up additional gas resources will enable the concession partners to commit to and deliver agreed quantities of natural gas to the proposed Dar es Salaam to Mnazi Bay pipeline. The partners are in discussions with Tanzania Petroleum Development Corporation with a view to agreeing a long-term Gas Supply Agreement.


Managing Director, Geoff Bury, commented:
"We are excited to start the year with a high impact work programme that has the potential to deliver significant asset growth and shareholder value in 2012. The carried interest we enjoy in the Mnazi Bay concession provides full participation with reduced financial exposure. We look forward to updating further on the Ziwani-1 well as well as our entire work programme as we commence what is a seminal year in the Company's development."



About the Mnazi Bay Concession

The Mnazi Bay Concession Area is located in coastal, south-eastern Tanzania in the Ruvuma (Rovuma) Basin. The area lies between Aminex and Tullow Oil's Ruvuma Concession Area and Ophir Energy and BG Group's offshore Block 1. Ophir and BG Group's Chaza-1 gas discovery lies just northeast of Mnazi Bay's marine border. The 756 km² concession area contains two discovered Tertiary aged gas fields (Mnazi Bay and Msimbati) and holds additional Tertiary, Cretaceous and Jurassic hydrocarbon potential. Four wells have been drilled to date: MB-1, MB-2, MB-3 and MS-1X, and all four wells encountered hydrocarbons. MB-1 is currently producing gas at a rate of 1.7-2.0mmscf/d and this gas is transported via an 8", 27 kilometre pipeline to the Mtwara Power Plant where it generates electricity for numerous local communities.

END
​