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: 1.95

Bid: 1.90

Ask: 2.00

Change: 0.20 (11.11%)

Spread: 0.10 (5.263%)

Open: 1.825

High: 2.00

Low: 2.00

Prev. Close: 1.80

Last checked at -

IN BRIEF: Aminex and Scirocco Energy begin 3D seismic programme

Mon, 08th Aug 2022 11:44

Scirocco Energy PLC - Leeds, England-based oil & gas investment company - Provides an update on operations at the Kiliwani North Development licence, in which it holds 8.4% non-operated working interest, along with its joint venture partner Aminex PLC.

Says a 3D seismic acquisition programme has begun by Orca Energy Group Inc, as awarded to African Geophysical Services LLP, covering a total area of 200 kilometres squared. Explains Orca is aiming to complete the programme by the end of the year. Says the resulting data will help identify fault trends, improve reservoir definition and the understanding of the Kiliwani development.

Scirocco Chief Executive Tom Reynolds says: "We are pleased to note the positive progress reported by Aminex today, which will better characterise and enhance the JV's understanding of the potential resource. In so doing, this should support the company in exploring options to divest or otherwise realise value from the asset as it pivots to investments in sustainable energy and the circular economy."

Current Scirocco stock price: 0.25 pence, down 9.1% in London on Monday

12-month change: down 72%

Current Aminex stock price: 0.94 pence, up 2.1% in London

12-month change: up 57%

By Heather Rydings; heatherrydings@alliancenews.com

More News

20 May 2013 09:24

Aminex deal delays pile pressure on finances

Oil and gas explorer Aminex has yet to secure a long-awaited buyer for its US assets nor a farm-out partner for its major projects in Tanzania. The lack of a deal has put pressure on the company's finances, with the refinancing of a short-term loan required soon. However, one of the the three p

29 Jan 2013 08:50

Aminex extends bidding period for Ruvuma Basin farm-out

Aminex, an exploration company focused on East Africa, said Tuesday that it has extended the bidding period for its proposed farm-out of an interest in the onshore Ruvuma Basin, Tanzania, where it made a discovery of natural gas and condensate in 2012. The extension was made at the request of seve

22 Jan 2013 08:31

Aminex falls as chief executive departs

Aminex, an exploration company focused on East Africa, fell on Tuesday after the firm said its Chief Executive was to leave immediately. The firm said Stuard Detmer was also stepping down as a director of the company "to pursue other business interests" with immediate effect. Chairman Brian Hall w

17 Jan 2013 13:53

Aminex shakes hands on an 8.0m dollar loan facility

Aminex, an exploration company focused on East Africa, has agreed an eight million dollar loan facility with a fund manager by Argo Capital Management, with which the company has had a long standing relationship. The loan, which carried a 12.5% coupon (rising to 15% per cent from July 1st 2013), h

22 Nov 2012 11:12

Solo puts Tanzania assets on the table

Solo Oil has begun marketing the farm-out of its oil and gas assets in the Ruvuma Basin of Tanzania in collaboration with Aminex. It is offering firms up to 50% interest in the licences in return for any "financially robust partner" funding a disproportionate share of the planned forward work prog

19 Nov 2012 09:41

Aminex falls as US sale plans delayed further

Aminex, an exploration company focused on East Africa, fell after it said a planned sale of its US assets had slipped back into 2013. The firm also said talks over a $15m loan, repayable from the proceeds of the sale of the US assets, were ongoing and were expected to be concluded "in the near futu

2 Jul 2012 11:32

Aminex Tanzania estimates quadruple

Aminex, the oil and gas explorer has issued a big upgrade of the resources at the Ruvuma and Nyuni Area Licences in Tanzania. A new study of the area has come back with a total "undiscovered" estimate of 5.75 trillion cubic feet (TCF) in place at Ruvuma and of 5.67 trillion cubic feet of gas in pl

28 Jun 2012 11:40

Aminex comes up trumps in Tanzania

Aminex, an exploration company focused on East Africa, has announced a successful test of its gas discovery in southern Tanzania. The work on the Ntorya-1 well showed gas flowing at a maximum rate of 20.1m standard cubic feet per day (the equivalent of 3,350 barrels of oil per day). Aminex's Chief

28 Jun 2012 08:26

Solo Oil and Aminex leap on Ruvuma Basin update

Shares in Solo Oil and Aminex jumped on Thursday morning after the companies announced signficant results from the flow testing of the Ntorya-1 well at its discovery in the Ruvuma Basin onshore in southern Tanzania. The firms reported that the well flowed gas at a measured rate of 20.1m cubic feet

16 May 2012 10:30

Resource round-up: Caspian Holdings, Aminex, Continental Coal

Caspian Holdings reported good progress on its drilling programme at La Parrilla, located in southwest Spain. La Parrilla, a former producing open pit mine, closed in the 1980s. But the firm said its latest assay results showed strong indications of continuity of high grades through the western exte

11 Apr 2012 14:59

Aminex and Solo suffer Tanzanian setback

Oil and gas explorers Aminex and Solo Oil took a tumble after a disappointing drilling result at that their jointly owned Ntorya-1 exploration well in the Ruvuma Basin onshore in Tanzania. Hopes were raised at the end of February when Aminex, the operator and 75% owner of the Ruvuma production sha

15 Feb 2012 09:26

Resource companies round-up: Aminex, Magnolia, Central Rand ...

Aminex, operator and majority owner of the Ntorya-1 exploration well in the Ruvuma Basin onshore in Tanzania, said further drilling of the well has encountered strong gas shows in a good quality reservoir. A logging programme will commence shortly to evaluate the new section drilled below 2,500 metr

7 Feb 2012 08:50

Small caps round-up: Aminex, Solo, Firestone Diamonds ...

Oil and gas companies Aminex and Solo Oil took a hit on Tuesday morning after the first stab at drilling their shared Ntorya-1 exploration well in the Ruvuma Basin onshore in Tanzania proved disappointing. Data will now be recorded to determine whether or not to drill further. Aminex shares fell 38

27 Jan 2012 10:12

Aminex falls after well casing operation

The east Africa-focused oil company, Aminex, says an intermediate casing string has been set on its Ntorya-1 well onshore in Tanzania. The well was spudded on December 22nd 2011 and had been drilled to 1,535 metres before the casing operations. It will now continue to approximately 1,800 to 1,900

21 Dec 2011 16:29

Barclays director keeps the faith

Sir Michael Rake, the Senior Independent Director of Barclays, has upped his stake in the firm less than a week after the global bank was downgraded by Fitch Ratings. Rake, who is currently also Chairman of telecommunications firm BT Group and Chairman of Easyjet, bought up 5,914 ordinary shares a

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

IN BRIEF: Aminex and Scirocco Energy begin 3D seismic programme

Login to your account

Quickpicks are a member only feature

Login to your account