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Aminex Regulatory News (AEX)



Regulatory News for Aminex (AEX)


Share Price: 0.82Bid: 0.81Ask: 0.83Change: -0.005 (-0.61%)Faller - Aminex
Spread: 0.02Spread as %: 2.47%Open: 0.825High: 0.83Low: 0.82Yesterday’s Close: 0.825





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
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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