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IN BRIEF; Aminex gains first set of data for Chikumbi-1 well

Mon, 01st Aug 2022 18:30

Aminex PLC - Leeds, England-based oil & gas investment company - Receives first batch of field seismic data, and expects to have processed and interpreted enough data to confirms the final drilling location of the Chikumbi-1 well before the end of August.

Is also looking to advance the planning and preparation for the final programme for the CH-1 well, with the target spud date remaining on schedule.

"We are approaching exciting times for Aminex. The seismic acquisition programme is close to producing results over the core area of the Ntorya gas-field with the delineation of the final location for the CH-1 well. We are pleased that the target spud date for the well remains on track for November 2022," said Executive Chair Charles Santos.

Current stock price: 0.83 pence, up 4.1%

12-month change: up 51%

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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