Wentworth Resources stuck to its annual production guidance and said it's attempting to recoup unpaid invoices in Tanzania.
Third-quarter gross production volumes from the Mnazi Bay gas field averaged 60 MMscf/d, bringing the year-to-date average to 45 MMscf/d.
Production volumes have continued at similar levels into the fourth quarter.
"We continue to maintain 2017 full year production guidance of between 40 and 50 MMscf/d," the company said.
Wentworth Resources said it was continuing to work with both Tanzania Petroleum Development Corporation and Tanzania Electric Supply Company to maintain regular monthly payments of gas sales invoices with a focus on settling unpaid invoices from earlier this year.
This is evidenced by payments received this week of $1.1m net to Wentworth from TPDC and $0.4m net to Wentworth from TANESCO.
At 9:16am: (LON:WRL) Wentworth Resources share price was 0p at 26.75p