Latest Share Chat

Aminex Share News (AEX)

Aminex Information

Buy AEX Shares
Add AEX to Watchlist
Add AEX to Alert

Share Price Information for Aminex (AEX)

Share Price is delayed by 15 minutes

Get Live Data

Share Price: 1.65

Bid: 1.60

Ask: 1.70

Change: 0.03 (1.86%)

Spread: 0.10 (6.25%)

Open: 1.62

High: 1.64

Low: 1.62

Prev. Close: 1.61

Last checked at -

Aminex CEO Steps Down For Health Reasons; Non-Exec Made Interim CEO

Fri, 24th May 2019 11:32

LONDON (Alliance News) - Aminex PLC on Friday said that Jay Bhattacherjee is stepping down as chief executive with immediate effect for health reasons.

The company has appointed Senior Non-Executive Director Tom Mackay as interim CEO also with immediate effect. Mackay joined the Aminex board in 2014.

In due course, the company will commence a process to appoint a new CEO, it said.

Solo Oil PLC, a natural resources investment company, noted the statement issued by partner Aminex.

Solo said: "We wish Jay all the best with his health issues and hope for a speedy recovery. We look forward to working with Tom in the interim and then with the permanent CEO as we continue to forge a closer JV relationship with Aminex that benefits Solo's investments in Ruvuma and Kiliwani North."

Aminex shares were trading 1.9% lower at 0.88 pence each, while Solo shares were down 1.8% at 1.67p.

More News

16 Nov 2011 13:01

Aminex progressing well

Aminex, the Africa- and US-focused oil and gas firm, has progressed well since the start of July, the firm said. The group's Nyuni 2 exploration well was suspended as a result of difficult drilling conditions, however the resource potential was not affected. Tests on the Nyuni 1 exploration well w

6 Oct 2011 08:22

Obstructions stop work at Aminex well

Africa and US focused oil and gas firm Aminex has suspended further work on the Nyuni-2 exploration well off the coast of Tanzania due to obstructions near the base of the well, the firm said. Repeated attempts to drill out the obstructions were unsuccessful so a decision was made to cement off t

22 Sep 2011 09:55

UPDATE: Thursday broker round-up

Burberry: AlphaValue downgrades to sell, target cut from 1,297p to 1,302.5p. Anglo American: Societe Generale upgrades to buy, target cut from 3,250p to 3,000p. TUI Travel: Numis Securities downgrades to hold, target decreased from 180p to 160p. Aegis Group: Barclays downgrades to equal-weight, t

20 Sep 2011 11:27

Aminex appoints new chief exec

Aminex, the Africa and US focused oil and gas firm, has appointed Stuard Detmer to the position of chief executive officer with immediate effect. The move will see him takeover the role from Brian Hall, who remains in his position as executive chairman. Shareholders will be asked to approve the

16 Sep 2011 10:18

Obstruction delays progress at Aminex well

Aminex, the Africa and US focused oil and gas firm, saw its share price dip after the mining firm reported that it was unable to progress past a blockage in its Nyuni-2 well. The decision was made to pull back 3,000 meters, above the area of blockage, and to side-track the well, by-passing the obs

13 Sep 2011 08:28

Aminex swaps Tanzania interests

Aminex, the Africa and US focused oil and gas firm, is seeking to complete a so called 'acreage swap' in Tanzania with its partner, Key Petroleum. In essence, the deal will see Aminex's 50% stake in the Songo-Songo transferred to its partner Key Petroleum after what the company describes as "slow p

31 Aug 2011 09:46

Aminex desperate to get gas on shore

Aminex, the oil and gas company with operations in Tanzania and the southern US, saw a 33% increase in production in the first half of 2011 to the equivalent of 50,500 barrels of oil. The company's half-year results also show a pre-tax loss of $896,000, better than the $2.49m loss in the same perio

26 Aug 2011 09:11

Aminex reports 'satisfactory progress' in Tanzania

Aminex, the oil and gas firm with operations in Africa and the US, said that operations at its Nyuni-2 exploration well in the Indian Ocean have made "satisfactory progress" despite some delays. The rig at the well, being drilled from Nyuni island off the Tanzanian coast, was shut down for eight da

30 Jun 2011 17:35

Ocean Wilsons director splashes out

Board member Alex Cooper has upped his stake in Ocean Wilsons, spending nearly £50,000 on shares in the Brazil-focused shipping services group. Cooper, a lawyer and resident of Bermuda, bought 3,550 shares at 1,360p a share, and now has 46,450. The shares have risen sharply since the company issue

17 Jun 2011 13:29

Aminex commences drilling at Tanzanian well

US- and Tanzania-based oil and gas group Aminex announced that its Nyuni-2 well spudded shortly in the early hours of the morning on Friday. It is estimated that drilling to target depth at the well, located offshore Tanzania 30km off the mainland, will take nine to ten weeks. Nyuni-2 will be the

8 Jun 2011 12:14

Aminex details its East Africa exploration programme

East Africa focused oil exploration company Aminex is today holding its annual general meeting in Dublin. In the accompanying slide presentation, posted on the company's website, the outfit describes the progress made in its different exploration activities in Tanzania. The company has recently rai

30 Mar 2011 14:17

Another busy year ahead for Aminex

Oil firm Aminex has had a busy year's drilling and expects more of the same as it advances projects in Africa and the US. In the year to 31 December, revenues fell to $7.1m (£4.43m) from $7.8m the previous year, while net losses widened to $4.5m from $2.9m. "We are looking forward to a busy period

18 Mar 2011 16:54

F&C chairman continues buying

F&C Asset Management chairman Edward Bramson's interests have been consistently buying shares in the past week, while F&C chief executive Alain Grisay has made a significant disposal. Bramson was appointed chairman of F&C last month after a shareholder coup but his investment vehicle SIGA LP had

14 Mar 2011 16:47

London close: Japanese concerns knock Footsie

London closed near to its low for the day as a decline on Wall Street dragged the market lower later in the day and there were concerns about the possible effects of the Japanese earthquake on financial markets and global economies. Miners Rio Tinto, Xstrata, African Barrick and ENRC are the pick o

14 Mar 2011 14:57

London afternoon: Shares stuck lower as Japan casts shadow

London's blue chips have turned lower again following falls on Wall Street as traders continue to mull the possible effects of the Japanese earthquake. Miners Rio Tinto, Xstrata, African Barrick and ENRC are the pick of the mining sector. Also going well is temporary power solutions provider Aggrek

Latest Share Chat

Aminex Share News (AEX)

Share Price Information for Aminex (AEX)

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Aminex CEO Steps Down For Health Reasons; Non-Exec Made Interim CEO

Login to your account

Quickpicks are a member only feature

Login to your account