Ann: Reduction in Tanzanian Interests , page-9

invertedva - the cost was put at $3m for our share of the drill costs (for 20%).

Reasoning for cash-strapped varies, but includes:
- spending on drilling, but not acheiving much, or wasting money trying to increase production (wasting in the sense that we are still waiting for them to drill the UK)
- high admin costs for low income

In short, spending alot of money and acheiving not much except for a 40bcf of gas in Tanzania which we now only have a share of 2bcf.