Tanzania: Ophir ups offshore gas estimate to 2.3 billion barrels of oil equivalent

September 4, 2012
Obsession
Energy Shocks
September 4, 2012

A link from FT

Good news for Tanzania. Ophir Energy on Monday delivered the best possible response to investors concerned about a lack of news on its key Tanzanian offshore acreage – and announced a big upgrade in the estimated resources in Block 1 of its Mzia discovery. It said the block contains between 2.3 billion and 3.5 billion barrels of oil.

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