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Wentworth relinquishes Tembo and exits Mozambique
London-listed Wentworth Resources is exiting Mozambique after announcing plans to relinquish its operated 85% WI in the Tembo block in the onshore Rovuma Basin. The April 30 effective date of the disposal enables the company to relinquish the stake ahead of the current appraisal term, which expires June 15. The company will also close its Maputo office and shut down activities in Muxara and Palma as it sharpens focus on its core assets in Tanzania.The 2,500-sq-km......
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