Member Info for blackgold00

Yes well that's all well and good RoJo, I expect we've all seen shares 10 bag over the years, but taking someone else's advice will not give the confidence to invest a meaningful life changing amount, without the personnel due diligence which doesn't come in the short term but is built-up over years.

RoJo, I'm happy with my investment now in Aminex 😀

RoJo "How's the SP doing boys ?"

OK 🙂

Yes that was one well to far, using that poor old Caroil 6 rig.lol.

Don't think they were able to complete the well, side walls started crumbling I think, back in 2011 I believe.

Ai

"Nyuni-2 was spudded on June 17 using the Caroil Rig-6, to target Lower Cretaceous age Neocomian sandstones, similar to those found in Aminex's nearby Kiliwani North gas field and in the producing Songo-Songo gas field. The well is being drilled from a pad on Nyuni Island at an angle of 30 degrees from vertical, to target a bottom hole location approximately 1,200 meters SE of the surface location. Planned measured total depth is 3,325 meters from the rotary table on the rig."

Guess about what

And the fool that repeats his folly

"Get it ?"

Lol, Yes I get it alright, you need to grow up, you're like a kid in the back of the car, ( are we there yet, are we there yet ) Yes, it won't be not long, now shut the beep up. Lol

"I think you're wrong Wryape."

"Without a pipeline or rig, getting gas to market is far from inevitable."

You're such a scream RoJo, I think we have 2 weeks max, of reading your nonsense, before anticipated news starts to flow, and once again you'll be forced back into the undergrowgh. 🙂

Plus, I believe you have noted before Ufufuo, TPDC's cost for the pipeline is approx $45 million, and probably half that would be for the manufacturing of these high pressure pipes, which is now complete and on route to Tanzania, so the project can not stall as TPDC is now substantially financially committed.

I don't know that they are thinking the Kiliwani North well but more likely the Kiliwani South prospect, I'm pretty sure they will commission a 3d seismic survey first.

There's no confusion, Aminex has stated before, that once revenue flow then they will start progressing work on the Kiliwani development licence.

"We have spent the past few days in Dar Es Salaam and have had some great meetings with government and energy officials. We talked about our plans in Tanzania for next year when production from our giant Ntorya gas discovery is expected to start."

"Below: Charles Santos, Executive Chairman, Brian Cassidy, General Counsel, and representatives from Petroleum Upstream Regulatory Authority (PURA), @TPDCTZ and the Ministry of Energy following approval of the Kiliwani North work programme and budget for 2026 yesterday."

"The more I think about it, the more I think that there is no Kiliwani work schedule agreed as Aminex stated on their X account. "

I wouldn't think that for one minute watchouse. But as I understand it it won't happen until revenue starts flowing.

Yes a trillion is a big number, I like this kind of comparison to get your head around it.

How long is a million, a billion and a trillion in seconds.

A million seconds is about 11.5 days, a billion seconds is roughly 31.7 years, and a trillion seconds is approximately 31,700 years,

How much is a TCFG worth?

https://www.quora.com/How-much-is-a-1-trillion-cubic-feet-of-natural-gas-worth

"It depends on a number of factors, including quality, location, contract delivery terms, etc.

In the U.S., the value at the wellhead is about $3.00 per million BTU, which for 1,000 BTU gas is the same as $3.00 per thousand cubic feet.

One trillion cubic feet would therefore be worth $3 billion at the wellhead (i.e., to the producer), which is kind of nonsensical because it will take a while to deliver that quantity.

If you’re contracting for delivery of LNG by tanker, you’re probably going to pay a higher price, probably one based on the energy content on a barrel of oil equivalent basis.

That would be a price closer to $9.00/mcf. The value of a 1 TCF contract delivered over a several year term would be $9 billion to the purchaser.

The cost of processing, transporting, and liquefying the gas is considerable."

"Furthermore, the new 3D seismic images shows a possibly even larger area of gas charged reservoir sandstones, beyond the high confidence area established by the new seismic inversion modelling. This provides for potential additional prospective gas volumes associated with the Cretaceous age sand units tested in NT1 and NT-2 (Units 1 and 2) and for the possible existence of an undrilled shallower sand unit (Unit 3), to be tested by the forthcoming Chikumbi-1 (CH-1) appraisal well later in the year."

"An upside aggregated GIIP volume for the Ntorya accumulation based on a success case in multiple stacked sands at CH-1, is estimated by APT to be up to 7.95 Tcf (approximated to a mean unrisked P10 GIIP). "

Yes agree, absolutely massive, CH-1 drilling into unit 3, (in a success case) would add a further 4.5 TCFG, taking the (GIIP) to 8 TCFG. yes CH-1 is going to be the most watched exciting drill for a very long time. 😀

How do you spell annoying ?

RoJo

Beyond Ntorya

" Once Ntorya production and revenues are established, Aminex expects to refocus on the Kiliwani North Development Licence ("KNDL") and the Nyuni Area PSA. Plans may include a targeted 3D seismic campaign at Kiliwani and the renegotiation of the Nyuni work programme to enhance commerciality."

Ufufuo

"if PAET fails to do so, the other parties WILL SEEK “ALTERNATIVE MEANS” TO OPERATE THE SONGO SONGO GAS FIEL"

With Aminex's (Kiliwani development licence ) adjacent to the Songo Songo field, I wonder whether Aminex, (in the very near future,) might well be in a prime position to offer that alternative means to operate the SS gas field ?

"I'll give you a clue - they were written in hebrew."

Yes of course they were RoJo, specifically given to them by yours truly.