Tanzania – waiting on farmout. Beach is currently in the process of looking
for farm out partner(s) for its 100% owned Lake Tanganyika South Block. We
would expect Beach to be seeking a farm out deal that would see them carried
for their equity share of the drilling. Beach has identified 18 leads and prospects
in the area, EACH with prospective resources in the 100 – 300 mmbbl range.
tanzania
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