Bounty Oil & Gas divests from Tanzania

BOUNTY Oil & Gas has been forced to divest its Tanzanian assets, withdrawing from the Kiliwani North and Nyuni area PSA joint ventures.

Bounty Oil & Gas divests from Tanzania Bounty Oil & Gas divests from Tanzania Bounty Oil & Gas divests from Tanzania Bounty Oil & Gas divests from Tanzania Bounty Oil & Gas divests from Tanzania

Kiliwani flares

 

As the company withdraws from the PSA joint ventures, it expects to receive US$475,866 (A$665,000) from operator Ndovu Resources, for gas produced and sold to the Tanzania P...