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Share Price Information for Aminex (AEX)

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Share Price: 1.95
Bid: 1.90
Ask: 2.00
Change: 0.00 (0.00%)
Spread: 0.10 (5.263%)
Open: 1.95
High: 2.05
Low: 2.00
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Solo Oil Raises GBP800,000 To Back Kiliwani North Work (ALLISS)

Thu, 07th Apr 2016 07:08

LONDON (Alliance News) - Solo Oil PLC on Thursday said it has raised GBP800,000 through a share placing to back work at the Kiliwani North gas project in Tanzania.

Solo said it has placed 320.0 million shares at 0.25 pence per share. Shares in the company were down 23% in opening trade to 0.27p, one of the worst performers in the AIM All-Share.

Solo said the funds will allow it to accelerate the acquisition of a further interest in Kiliwani North. Solo and Aminex PLC, the latter the operator of Kiliwani North, reported first gas from the project on Wednesday.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2016 Alliance News Limited. All Rights Reserved.

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18 Aug 2016 15:59

Aminex receives first payment from Kiliwani North-1

(ShareCast News) - Aminex received first payment for the gas produced from its Kiliwani North-1 well in Tanzania. As per the agreement with its client, the Tanzania Petroleum Development Corporation, it was paid in US dollar and in accordance with the Company's Gas Sales Agreement with TPDC. "The C

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1 Aug 2016 08:27

Aminex Shareholders Take Up Less Than Half Of Open Offer Shares (ALLISS)

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8 Jul 2016 13:15

Aminex To Raise GBP19.5 Million Through Large, Discounted Placing (ALLISS)

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4 Jul 2016 12:15

Aminex says Kiliwani North-1 output hits 30 mmcf/day

(ShareCast News) - Aminex said that, over the weekend, gas production from the Kiliwani North-1 well in Tanzania reached 30 mmcf per day with stable pressure recordings at that rate. At 12:10 BST, shares in the oil production, development and exploration company were up 12.5% to 1.12p. Aminex added

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4 Jul 2016 07:04

Aminex, Solo Oil Producing 5,000 Barrels Per Day From Kiliwani North-1

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27 Jun 2016 09:38

Aminex And Solo Oil To Extend Mtwara Licence In Ruvuma By One Year

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14 Jun 2016 10:33

Solo Oil Focused On Tanzania As Higher Costs Lead To Wider Loss

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6 Jun 2016 12:13

Aminex updates on Kiliwani North commissioning

(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 proce

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6 Jun 2016 06:29

Aminex, Solo Expect Kiliwani North Well To Produce 5,000 Barrels A Day

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25 Apr 2016 10:10

Aminex To "Reap Rewards" From Kiliwani North In 2016 As Loss Narrows

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6 Apr 2016 13:25

UPDATE: Aminex, Solo Oil Produce First Gas From Tanzania Project

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6 Apr 2016 06:48

Aminex And Solo Oil Report First Gas Production From Tanzania Project

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