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Aminex Regulatory News (AEX)



Regulatory News for Aminex (AEX)


Share Price: 1.85Bid: 1.80Ask: 1.90Change: 0.00 (0.00%)No Movement on Aminex
Spread: 0.10Spread as %: 5.56%Open: 1.875High: 1.875Low: 1.75Yesterday’s Close: 1.85





NTORYA-1 DRILLING UPDATE

Fri, 10th Feb 2012 14:15

RNS Number : 2266X
Aminex PLC
10 February 2012
 

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NTORYA-1 DRILLING UPDATE

 

 

Aminex PLC ('Aminex' or the 'Company'), an independent oil company listed on the main market of the London and Irish Stock Exchanges with exploration and development assets in the emerging hydrocarbon province of East Africa, today announces an operational update on drilling of the Ntorya-1 exploration well in the Ruvuma Basin onshore in Tanzania. 

 

On the 7 February 2012 it was announced that the drilling had been temporarily suspended at a depth of 2,500 metres pending further evaluation.  Intermediate logging and check shot data have been evaluated and it has been decided to continue drilling.  An additional target has been identified on the seismic data at a depth of approximately 2,750 metres and the well will now be deepened to test that objective.

 

Drilling operations have restarted and it is expected that the new target will be reached within a week.

 

Tullow Tanzania B.V. has elected not to participate in the well deepening activities which will be undertaken by Ndovu Resources Limited (Aminex) and Solo Oil. Aminex and Solo Oil will be responsible for the cost of deepening the well in proportion of their respective interests.

 

The Ntorya-1 well is designed to test the high quality Basal Tertiary and Upper Cretaceous sands previously encountered in the Likonde-1 well, 14 kilometres to the north. 

 

 

 

                

For further information:

 

Aminex PLC                                          +44 (0) 20 7291 3100

Stuard Detmer - CEO

 

M: Communications                           

Patrick d'Ancona                                 +44 (0) 20 7920 2347 or  +44 (0) 7768 981 256

Chris McMahon                     +44 (0) 207 920 2358 or  +44 (0) 7703 045 103

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DRLLLFEVFRIILIF


Related Shares:
Aminex (AEX)




DateSourceHeadlineCategory
23-Sep-16 07:01RNSRig Contract Signed for Ntorya-2Company Announcement - General
23-Sep-16 07:00RNSAppointment of Joint Corporate BrokerCompany Announcement - General
16-Sep-16 07:00RNSDirector/PDMR ShareholdingCompany Announcement - General
15-Sep-16 07:00RNS2016 Half-Yearly ReportResults and Trading Reports
07-Sep-16 07:00RNSInterest In Kiliwani North Development LicenceCompany Announcement - General
01-Sep-16 16:40RNSSecond Price Monitoring ExtnCompany Announcement - General
01-Sep-16 16:35RNSPrice Monitoring ExtensionCompany Announcement - General
23-Aug-16 14:15RNSDirectorate ChangesExecutive Changes
22-Aug-16 14:05RNSSecond Price Monitoring ExtnCompany Announcement - General
22-Aug-16 14:00RNSPrice Monitoring ExtensionCompany Announcement - General
18-Aug-16 07:00RNSFirst Payment Received For Kiliwani North GasResults and Trading Reports
11-Aug-16 07:00RNSHolding(s) in CompanyHolding(s) in Company
10-Aug-16 15:30RNSDirector/PDMR ShareholdingCompany Announcement - General
08-Aug-16 17:58RNSTotal Voting RightsHolding(s) in Company
08-Aug-16 07:00RNSMain Securities Market NoticeCompany Announcement - General
04-Aug-16 07:00RNSResult of Rump PlacingResults and Trading Reports
03-Aug-16 07:00RNSMain Securities Market NoticeCompany Announcement - General
02-Aug-16 12:49RNSResults of Extraordinary General MeetingCompany Announcement - General
02-Aug-16 07:00RNSExtraordinary General Meeting PresentationCompany Announcement - General
01-Aug-16 07:00RNSResults of Open OfferResults and Trading Reports
01-Aug-16 07:00RNSMtwara licence extension & Ntorya-2 Well UpdateResults and Trading Reports
11-Jul-16 16:21RNSPublication of ProspectusCompany Announcement - General
08-Jul-16 13:52RNSPlacing and Open OfferCompany Announcement - General
04-Jul-16 07:00RNSKiliwani North well reaches 30 mmcf per dayResults and Trading Reports
27-Jun-16 07:00RNSRuvuma Update and Loan ExtensionsResults and Trading Reports
06-Jun-16 07:00RNSKiliwani North UpdateResults and Trading Reports
18-May-16 15:00RNSResult of AGMResults and Trading Reports
10-May-16 16:32RNSDirector/PDMR ShareholdingCompany Announcement - General
10-May-16 15:00RNSGRANT OF OPTIONSCompany Announcement - General
25-Apr-16 07:01RNSNew Corporate PresentationCompany Announcement - General


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