Hmm, it gets more interesting.....Ophir?s Managing Director, Dr...

Hmm, it gets more interesting.....

Ophir?s Managing Director, Dr Alan Stein, commented:

"The success of the Pweza-1 well is an excellent result for both the joint venture partners and for the Government of Tanzania on whose behalf we are exploring the area. This is the first deepwater well drilled in Tanzania. It has the potential to de-risk additional prospects and leads
within the basin, providing a solid platform for further investment. A further two wells will now be drilled before the end of the year and we look forward to acquiring more 3D seismic data early next year. THE JOINT VENTURE HAS ALREADY NEGOTIATED A COMPREHENSIVE SERIES OF AGREEMENTS WITH THE GOVERNMENT WHICH PROVIDE A MECHANISM FOR THE COMMERCIALISATION OF OFFSHORE GAS RESERVES."

I'd love to know more about this last bit. Perhaps this ties in with Aminex's talk of a LNG hub?