Scirocco Energy plc has agreed to sell its 25% non-operated interest in the Ruvuma gas asset in Tanzania for up to US$16 million to Wentworth Resources plc. TERMS The company owns a legacy 25% working interest in the project for which ARA Petroleum Tanzania (APT) is the operator. The conditional binding agreement, subject to shareholder […]
Tag: Scirocco Energy plc
Scirocco reports progress for Ruvuma and Kiliwani North
Scirocco Energy plc reported operational progress at its gas interests at Ruvuma and Kiliwani North in Tanzania. RUVUMA The company holds a 25% non-operated interest on the Ruvuma production sharing agreement. Operator ARA Petroleum Tanzania Ltd (APT) is directing a seismic acquisition programme and preparations to drill the Chikumbi-1 (CH-1) well. APT has also […]
Scirocco Energy on course to spud Chikumbi-1
Scirocco Energy plc expects to spud Chikumbi-1 well on time during Q3 following acquisition of 338km2 seismic survey at the Ruvuma PSA in Tanzania. SEISMIC SURVEY The company owns a legacy 25% working interest in the project for which ARA Petroleum Tanzania (APT) is the operator. Scirocco said that completion of mobilisation of all equipment […]
Scirocco notes Phase I of 3D seismic at Ruvuma
Scirocco Energy plc announced that the first phase of the 3D seismic project has started on the onshore Ruvuma gas production sharing agreement (PSA) in Tanzania. FIRST PHASE The appointed sub-contractor began preparatory works as planned on 15 November ahead of the start of mobilisation next week. Scirocco expects the survey to begin on 15 […]
Scirocco JV approves Ruvuma work programme
Scirocco Energy plc said that the 2022 work programme and budget had been approved for the Ruvuma joint venture (JV) in Tanzania. RUVUMA The investment company holds a 25% working interest in the licence which is operated by ARA Petroleum Tanzania Ltd (APT). Approximately 90% of the licence lies onshore with the remainder offshore. PROGRAMME […]
Scirocco welcomes two-year extension to Ruvuma licence
Scirocco Energy plc said that a two-year extension had been granted to the 3,447 km2 Ruvuma joint venture licence in southeast Tanzania. RUVUMA The company holds a 25% working interest in the licence which is operated by ARA Petroleum Tanzania Ltd (APT). Approximately 90% of the licence lies onshore with the remainder offshore. EXTENSION The […]