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Aminex Regulatory News (AEX)



Regulatory News for Aminex (AEX)


Share Price: 0.83Bid: 0.81Ask: 0.85Change: 0.005 (+0.61%)Riser - Aminex
Spread: 0.04Spread as %: 4.94%Open: 0.825High: 0.83Low: 0.825Yesterday’s Close: 0.825





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
 
 
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Related Shares: Aminex (AEX).




DateSourceHeadlineCategory
07-Apr-14 07:00RNSTanzania Exploration AppointmentCompany Announcement - General
28-Mar-14 16:07RNSFurther re Directorate ChangesExecutive Changes
27-Mar-14 17:36RNSNotice of AGMResults and Trading Reports
27-Mar-14 15:32RNSHolding(s) in CompanyHolding(s) in Company
19-Mar-14 16:57RNSFurther Re Directorate ChangesExecutive Changes
14-Mar-14 07:00RNSDirectorate ChangesExecutive Changes
04-Mar-14 17:40RNSTotal Voting RightsHolding(s) in Company
04-Mar-14 17:38RNSDirector/PDMR ShareholdingDirectors' Dealings
03-Mar-14 11:42RNSMain Securities Market Notice - ReplacementCompany Announcement - General
03-Mar-14 11:39RNSMain Securities Market Notice - ReplacementCompany Announcement - General
28-Feb-14 08:00RNSMain Securities Market NoticeCompany Announcement - General
27-Feb-14 15:51RNSBrochure of ParticularsCompany Announcement - General
25-Feb-14 07:00RNSMain Securities Market NoticeCompany Announcement - General
24-Feb-14 16:09RNSBrochure of ParticularsCompany Announcement - General
24-Feb-14 16:05RNSResult of EGMResults and Trading Reports
24-Feb-14 07:01RNSEGM PresentationResults and Trading Reports
24-Feb-14 07:00RNSResult of Open OfferResults and Trading Reports
03-Feb-14 07:00RNSFORMAL ADDENDUM TO RUVUMA PSACompany Announcement - General
30-Jan-14 17:49RNSIssue of Prospectus and CircularCompany Announcement - General
30-Jan-14 16:40RNSSecond Price Monitoring ExtnCompany Announcement - General
30-Jan-14 16:35RNSPrice Monitoring ExtensionCompany Announcement - General
30-Jan-14 08:13RNSPlacing and Open Offer UpdateCompany Announcement - General
30-Jan-14 07:00RNSPlacing and Open OfferCompany Announcement - General
09-Jan-14 07:01RNSDirectorate ChangeExecutive Changes
09-Jan-14 07:00RNSOperational UpdateCompany Announcement - General
09-Dec-13 07:00RNSCorporate UpdateCompany Announcement - General
19-Nov-13 07:00RNSInterim Management StatementResults and Trading Reports
31-Oct-13 07:00RNSKiliwani North UpdateCompany Announcement - General
30-Oct-13 07:00RNSExtension of Canyon Oil & Gas Agreement DeadlineCompany Announcement - General
14-Oct-13 07:00RNSCompletion of South Weslaco DisposalCompany Announcement - General


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