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Aminex Regulatory News (AEX)



Regulatory News for Aminex (AEX)


Share Price: 1.875Bid: 1.80Ask: 1.95Change: 0.075 (+4.17%)Riser - Aminex
Spread: 0.15Spread as %: 8.33%Open: 1.80High: 1.925Low: 1.80Yesterday’s Close: 1.80





NTORYA-1 DRILLING UPDATE

Fri, 27th Jan 2012 07:00

RNS Number : 2736W
Aminex PLC
27 January 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 a further update on drilling of the Ntorya-1 exploration well in the Ruvuma Basin onshore in Tanzania. 

 

The well was spudded on the 22 December 2011 and has been drilled to 1,535 metres where an intermediate casing string has been set.  The well is now drilling ahead towards the target interval of approximately 1,800 to 1,900 metres depth. Ntorya-1 is expected to reach total depth around the end of January.

 

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.  Aminex estimates that the Ntorya Prospect has a probability of success of around 20%, with mean recoverable resource potential of 100 million barrels of oil equivalent.

 

Partners in the well are:

 

Ndovu Resources Ltd (Aminex)                         56.25% (operator)

Tullow Tanzania B.V.                                          25%

Solo Oil plc                                                          18.75%

 

 

 

 

 

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
 
 
DRLLFFELLVIRFIF


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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