Cove Energy, the AIM quoted upstream oil and gas company announced the completion of the divestment of its 16.38% participation interest in the production operations (20.475% participation interest in exploration operations) in the Mnazi Bay Concession, Tanzania to Wentworth Resources Limited.
Cove’s interest in the Concession, which was held by the Company’s 100% owned subsidiary Cove Energy Tanzania Mnazi Bay Limited (CETMBL), has been divested to Wentworth in exchange for:
[mappress] LNG World News Staff, July 27, 2012