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Aminex Share Chat (AEX)



Share Price: 0.84Bid: 0.83Ask: 0.85Change: 0.00 (0.00%)No Movement on Aminex
Spread: 0.02Spread as %: 2.41%Open: 0.84High: 0.84Low: 0.84Yesterday’s Close: 0.84


Share Discussion for Aminex (AEX)


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ldlv
Posts: 909
Off Topic
Opinion:No Opinion
Price:0.86
JB is in Tanzania
4 Jun '14
Could that the reason of SOLO rise?
 
mike1966
Posts: 1,022
Observation
Opinion:No Opinion
Price:0.85
Data room
4 Jun '14
When is that opening for companies to view
thisnthat
Posts: 14
Observation
Opinion:No Opinion
Price:0.85
solo up
4 Jun '14
Solo oil up over 33% Something big happening?
warrenbucket
Posts: 501
Observation
Opinion:Buy
Price:0.84
RE Ophir Today.
4 Jun '14
Big big J V. Partners meant . Typo
Dubhlinn
Posts: 73
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.84
Come on Chevron
4 Jun '14
Taachui gas discovery

RNS Number : 7706I

Ophir Energy Plc

04 June 2014

Ophir Energy plc

Taachui gas discovery

London, 4 June 2014: Ophir Energy plc ("Ophir" or "the Company") announces the successful results of the Taachui-1 & subsequent Taachui-1 ST1 well in Block 1, Tanzania which has resulted in a new gas discovery. Ophir holds 20% of Blocks 1, 3 and 4. BG Group operates with 60%.

The Taachui-1 well was drilled by the Deepsea Metro I drillship close to the western boundary of Block 1. The well was sidetracked for operational reasons to complete as the Taachui-1 ST1 well and was drilled to a Total Depth of 4215mMD. The well encountered gas in a single gross column of 289m within the targeted Cretaceous reservoir interval. Net pay totalled 155m. Observed reservoir properties are in-line with those encountered at Mzia, the other Cretaceous-aged discovery on Block 1. Estimates for the mean recoverable resource from the discovery are c.1.0 TCF. The size of the gas column is such that the discovery could extend into a second compartment to the west which has the potential to be of a similar size. An appraisal well will be required to confirm this upside and is under consideration by the JV partners.

A Drill Stem Test will now be performed on the Taachui discovery with results expected before the end of June.

Nick Cooper, CEO, commented:

"The Taachui-1 discovery continues the 100% drilling success rate on Blocks 1, 3 and 4 and adds further resource to support the LNG development in Tanzania. The result is important to Ophir for two reasons: firstly it extends the proven hydrocarbon system to the eastern limit of, and partly de-risks, Ophir's East Pande permit on which the Tende-1 well will be drilled later in 2014; secondly the aggregate recoverable volumes of c.16.7 TCF are now approaching the threshold needed to underpin a potential third LNG Train from Blocks 1, 3 and 4."
warrenbucket
Posts: 501
Observation
Opinion:Buy
Price:0.84
RE. Ophir Today ,
4 Jun '14
Excellent news , adds value here & now on the radar for some big big java partners when we open that Data room $$$.
ldlv
Posts: 909
Off Topic
Opinion:No Opinion
Price:0.84
Ophir today
4 Jun '14
Ophir Energy announces Taachui gas discovery: Ophir Energy plc announces the successful results of the Taachui... http://t.co/bfVdhg70ef
FROGLEGS
Posts: 1,473
Observation
Opinion:No Opinion
Price:0.84
ldlv
3 Jun '14
Yes but does not all companies awarded in the gsa need to be put on the tanz stock market as part of the agreement with the tanz goverment .or have I got this wrong
ldlv
Posts: 909
Off Topic
Opinion:No Opinion
Price:0.84
FROGLEGS
3 Jun '14
The GSA according to Wentworth should happen in Q2 2014...so this month. Production will start in Q1 2015 once the pipeline is commissioned.

By Q3 we should have interpretated the new and old seismic and then start the farm out discussions...this was a requirement from majors according to a recent proactive investments article

The next six months are going to be very exciting!!
FROGLEGS
Posts: 1,473
Observation
Opinion:No Opinion
Price:0.84
ldlv
3 Jun '14
I thought gsa was going to be signed and put on the tanz market at the same time . It just seems the timing of todays rns seems coincidental . Wonder where solo guys are ?



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