24 May 2012

Wentworth Resources

(WRL)

Company Details

Address:
P.O. Box 203, 2nd Floor Coco Plaza , 254 Toure Drive, Oyster Bay , Dar Es Salaam , Tanzania
Telephone:
+255 222 601 139
Fax:
+ 255 222 601 130
Email:
info.tz@wentworthresources.com
Website:
www.wentworthresources.com

Commentary

Oil and gas company focused on building a leading integrated production business in Tanzania and Mozambique

Executives

Executive Chairman:
Robert McBean (9.1% holding)
Managing Director:
Geoffrey Bury (0% holding)
Non-Exec Director:
Issa Baluch (5.3% holding)

Main Shareholders

Deutsche Bank: 8.4%

Invesco Perpetual Euro SMA (Nom): 5.2%

Barclays Capital: 3.3%

Euroclear Bank: 3.1%

Advisers

Nominated Adviser:
Panmure Gordon
Nominated Broker:
FirstEnergy Capital; Panmure Gordon
Solicitors:
Joelson Wilson
Auditors:
Deloitte
Registrar:
Euroclear UK & Ireland

Accounts Information

Entry on AIM:
25/10/2011
Issue Price:
n/ap
Interim Results:
Oct
Final Results:
Mar
Year End:
Dec
Accounts Due:
Apr
Int div payment:
n/a
Fin div payment:
n/a
Int net div per share:
nil
Fin net div per share:
nil

Financial History

  2011 2010
Turnover: $7.75m $5.46m
Pre-tax profit: $ (6.24m) $ (23.29m)
EPS: (7.0) c (50.0) c

Associated Articles

Stocks & Shares ISA

Online tools to make investments easy and low admin fee from The Share Centre. Find out more.

The role of a nominated adviser

Dr Azhic Basirov, Head of Capital Markets at Smith & Williamson Corporate Finance explains what to look for in a nominated adviser, along with the nomad’s role, fees and the key questions you should ask. Read this feature on the role of a nominated adviser.

The role of the Non-Executive Director in AIM Companies

Growth Company Investor and First Flight have conducted a survey into the the role and value of the Non-Executive Director in AIM Companies. Key things discussed include: Why appoint a Non-Executive Director? What benefits do Non-Executive Directors bring? What an AIM company typically pays a Non Exec in fees & for what? and much more. Read the full feature today.

Institutional Investors in AIM 2011 - New Report

This unique study analyses the shareholdings of companies listed on AIM, extracting trends including rankings of the value and number of their investments.
Please click here to order your copy of the report or call 0207 250 7056.

Popular News

Latest News

Shell considers Cove 24/05/2012

Oil giant Shell is extending its offer period for Mozambique-focused Cove Energy (COV) after having its bid trumped by Thai government-owned PTT Exploration & Production.

Tags: Bid trumped, Doing business in Mozambique, Oil giants on AIM, Takeovers and bids

Sector: Oil & Gas Producers

Companies: Royal Dutch Shell 'A' , Cove Energy

Roxi reaches 1,360 metres 23/05/2012

Kazakhstan-focused Roxi Petroleum (RXP) has declared that its NK7 well in the Galaz aea has drilled to a depth of 1,360 metres.

Tags: AIM ventures, Doing business in Kazakhstan, Oil on AIM

Cluff Natural Resources joins AIM 22/05/2012

Steered by sector veteran Algy Cluff, North-Sea focused cash shell Cluff Natural Resources (CNR) has joined AIM.

Tags: Entrepreneurs on AIM, Gold mining, Oil and gas on AIM

Red Emperor exercises Shabeel 21/05/2012

Somalia-focused oil explorer Red Emperor Resources (RMP) has exercised its option to take part in the drilling of the Shabeel North well.

Tags: Business in the Puntland, Doing business in Somalia, Drilling for oil & gas, Oil on AIM

Sector: Oil & Gas Producers

Companies: Red Emperor Resources

Heritage happy in Iraq 18/05/2012

Oil concern Heritage Oil (HOIL) has reported its Miran West-3 well in Iraq could deliver 1,000 barrels per day of condensate.

Tags: Doing business in Iraq, Oil on the full list, Oil production, Target depth

Sector: Oil & Gas Producers

Companies: Heritage Oil

WANdisco to join AIM 17/05/2012

Software specialist WANdisco has announced its intention to join AIM this June in an IPO that will raise £10 million.

Tags: Businesses from Sheffield, New Issues on AIM, Recent AIM IPO, Software on AIM

Sector: Software & Computer Services

More News

Sectors