Tanzania Petroleum Development Corporation

Gas was discovered at two separate levels in the Mronge-1 well in Block 2 offshore Tanzania. The discovery is estimated at between 2 and 3 Tcf of natural gas in place, bringing Block 2’s estimated total in-place volumes up to 17 to 20 Tcf. Statoil (65%) operates the Block 2 license on behalf of Tanzania Petroleum Development Corporation, and partners with ExxonMobil Exploration and Production Tanzania (35%).