Tue, 14th Oct 2014 14:22
(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
Read more(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
Read moreGas 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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