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The United Republic of Tanzania

Petroleum Upstream Regulatory Authority

Petroleum Upstream Regulatory Authority

Nyuni East – Kiliwani North


OPERATOR:

Ndovu Resources Ltd – 63.8304% interest

OTHER CONTRACTING PARTIES:

  • RAK Gas - 27.7778%
  • Solo - 8.3918%

License Area Size:

85.58 sq.km

PSA Signed Date:

25th March 1999

Effective Date (Initial Period):

N/A

First Exploration License:

19th May 2003

Second Exploration License:

N/A

Current License Period:

Development License

Current License Effective Date:

1st April 2011

License Expire Date:

31st March 2036

STATUS OF OPERATION

TPDC and the Contractor continue producing natural gas from the Kiliwani North gas producing field, however, the Production was suspended since December 2017 due to technical challenge.

CURRENT STATUS

The well stopped producing since December 2017 following the reservoir pressure depletion and fluid build up in the wellbore.

FISCAL TERMS

  • Royalty: 12.5%
  • Income Tax: 30%
  • Withholding Tax: Varies

SURFACE RENTAL

  • Initial Period – USD 4/sq.km
  • First Extension Period – USD 8/sq.km
  • Second Extension Period – USD 16/sq.km
  • Development License -Established as per plan