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    The Australian: Beach Energy’s Tanzania Search in Doubt After Woodside Pulls Out

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Summary

Beach Energy's exploration activities in Tanzania are uncertain as Woodside Petroleum has pulled out of a joint venture with the Australian company

by: Erica Mills

Posted in:

Press Notes, Africa

The Australian: Beach Energy’s Tanzania Search in Doubt After Woodside Pulls Out

Woodside Petroleum has pulled out of an exploration joint venture in Tanzania with Beach Energy, leaving its smaller Australian rival to ponder whether to continue to drilling in the East African country.

Less than a year after buying into the exploration permit at Lake Tanganyika, Woodside (WPL) has decided not to take part in the next phase of exploration, Beach (BPT) said.

Read the full article HERE.