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Aminex Regulatory News (AEX)



Regulatory News for Aminex (AEX)


Share Price: 2.50Bid: 2.45Ask: 2.55Change: 0.025 (+1.01%)Riser - Aminex
Spread: 0.10Spread as %: 4.08%Open: 2.475High: 2.50Low: 2.425Yesterday’s Close: 2.475





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
 
 
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Related Shares:
Aminex (AEX)




DateSourceHeadlineCategory
30-Apr-18 09:00RNSANNUAL REPORT AND NOTICE OF AGMCompany Announcement - General
27-Apr-18 12:15RNSPRELIMINARY RESULTSResults and Trading Reports
09-Apr-18 08:25RNSRuvuma Operational UpdateCompany Announcement - General
21-Mar-18 14:00RNSPossible TransactionCompany Announcement - General
05-Feb-18 16:40RNSSecond Price Monitoring ExtnCompany Announcement - General
05-Feb-18 16:35RNSPrice Monitoring ExtensionCompany Announcement - General
05-Feb-18 10:00RNSResults of Competent Persons ReportCompany Announcement - General
10-Jan-18 17:05RNSNotification of Transactions by PDMRDirectors' Dealings
08-Jan-18 07:00RNSOperations UpdateCompany Announcement - General
14-Dec-17 09:00RNSDirector/PDMR ShareholdingDirectors' Dealings
14-Dec-17 07:00RNSCompany Secretary AppointmentExecutive Changes
09-Nov-17 07:00RNSDirectorate ChangeExecutive Changes
06-Nov-17 07:00RNSKiliwani North Operations UpdateCompany Announcement - General
09-Oct-17 16:30RNSFurther RE: Directorate ChangeExecutive Changes
04-Oct-17 17:00RNSDirectorate ChangeExecutive Changes
28-Sep-17 07:00RNS2017 Half-Yearly ReportResults and Trading Reports
06-Sep-17 07:00RNSSubmission of Ntorya Development PlanCompany Announcement - General
04-Sep-17 07:00RNSNtorya Gas Field Basin Model UpdateCompany Announcement - General
02-Aug-17 07:00RNSManagement AppointmentsCompany Announcement - General
20-Jul-17 07:00RNSCorporate Update and New WebsiteCompany Announcement - General
10-Jul-17 07:00RNSAppointment of io oil & gas consultingResults and Trading Reports
20-Jun-17 07:05RNSRepayment of Loan and Operational UpdateCompany Announcement - General
22-May-17 07:00RNSMain Securities Market NoticeCompany Announcement - General
19-May-17 15:00RNSResult of AGMResults and Trading Reports
19-May-17 07:00RNSAnnual General Meeting PresentationResults and Trading Reports
16-May-17 15:30RNSExercise of WarrantsCompany Announcement - General
15-May-17 16:41RNSSecond Price Monitoring ExtnCompany Announcement - General
15-May-17 16:35RNSPrice Monitoring ExtensionCompany Announcement - General
15-May-17 14:05RNSSecond Price Monitoring ExtnCompany Announcement - General
15-May-17 14:00RNSPrice Monitoring ExtensionCompany Announcement - General


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