RE: Rns25 Feb 2020 16:58
Someone else besides me is indicating they may have had the nod - "(Alliance News) - Aminex PLC on Tuesday said it has heard positive noises from Tanzania over projects held in the country.
Aminex back in July 2018 signed a farm-out agreement for the Ntorya gas project with Zubari Corp LLC. Ntorya is covered by the Ruvuma production sharing contract.
In exchange for 50% of the Ruvuma contract, ARA Petroleum Ltd, who Zubair assigned its interest in the farm-out to, will become operator.
Confirmation of the farm-out from Tanzania has still not yet occurred, but Aminex on Tuesday said there are "positive indications" coming from the country."
All beginning to look very promising