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Share Price: 1.975
Bid: 1.90
Ask: 2.05
Change: 0.00 (0.00%)
Spread: 0.15 (7.895%)
Open: 1.95
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Low: 2.00
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Aminex updates on Kiliwani North commissioning

Mon, 06th Jun 2016 12:13

(ShareCast News) - Aminex says commissioning of the gas plant and sub-sea pipeline at its Kiliwani North Development Licence in Tanzania began on 1 June, and that commissioning of the power regeneration system and other auxiliary facilities is complete.The company added that on 2 June gas was processed and entered the pipeline system connecting the Songo Songo plant with the national pipeline. During commissioning, gas rates were planned to rise to 30 mmscfd while pressuring up the plant and pipeline."The well has been performing very well and commissioning is so far on schedule," said chief executive Jay Bhattacherjee in a statement. "The company continues to focus on delivering production growth through Kiliwani and driving its appraisal and eventual development programme at Ruvuma."Aminex, whose shares were up almost 4%, and its partners have invoiced Tanzania Petroleum Development Corporation for both April and May gas production in accordance with the terms of the signed gas sales agreement.
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4 Apr 2016 08:16

Solo Oil Completes Aminex Deal To Increase Stake In Kiliwani North

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15 Mar 2016 08:11

Aminex, Solo Oil To Begin Pumping Gas From Kiliwani In Early April

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11 Feb 2016 15:57

Aminex sells stake in Tanzanian licence to Solo Oil

(ShareCast News) - Oil and gas explorer Aminex is selling a 3.8% interest in the Kiliwani North Development licence in Tanzania to Solo Oil for $2.16m (£1.49m), the company announced on Thursday. Solo's stake in the licence will increase to 10% following the completion of the deal. Aminex will remai

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11 Feb 2016 08:36

Solo Oil Ups Stake In Kiliwani North Through Option With Aminex

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1 Feb 2016 08:47

Aminex Says Kiliwani, Ruvuma Deals With Bowleven, Solo Oil Terminated

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13 Jan 2016 09:45

Aminex And Solo Oil Sign Gas Sales Agreement For Kiliwani North

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21 Dec 2015 12:56

Aminex Agrees Extension On Repayment Of Corporate Loan Facility

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19 Nov 2015 10:45

Aminex Agrees Deal With Bowleven For Tanzanian Assets (ALLISS)

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5 Oct 2015 08:53

Aminex And Solo Oil Say Tanzania Petroleum Exercises Kiliwani Option

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26 Aug 2015 08:44

Solo Oil and Aminex said Kiliwani gas well will produce more than expected

(ShareCast News) - Oil explorers Solo Oil and Aminex said the Kiliwani North-1 gas well in Tanzania will produce more gas than initially expected. The two groups said the well, which was tested with a flow rate of 40m standard cubic feet per day, was expected to deliver an initial production rate of

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26 Aug 2015 07:09

Aminex, Solo Oil: Kiliwani To Produce More Than Originally Expected

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24 Aug 2015 07:02

Aminex Converts Stake In Egyptian Oil Discovery Into Royalty Payment

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25 Jun 2015 07:41

Aminex Raises GBP1.67 Million To Fund Ntorya Discovery (ALLISS)

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4 Jun 2015 09:16

Aminex expects first gas from Tanzania project in mid-2015

Gas explorer and developer Aminex said it expected "first gas" from the Kiliwani North field in Tanzania in the middle of this year. The company said it had completed a gas sales agreement for Kiliwani North, although it was yet to finalise payment protection clauses and guarantees. Aminex said it

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4 Jun 2015 07:54

Aminex Gets Six-Month Loan Extension As Refinancing Talks Progress

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