Aminex Regulatory News (AEX)

18 Jun 2007 09:52

Aminex PLC18 June 2007 18 JUNE 2007 AMINEX PLC ("Aminex" or "the Company") DRILLING UPDATE Aminex notes an announcement posted on the website of Orca Exploration Ltd.parent company of Pan-African Exploration Tanzania Ltd. ("PAT") on Sunday 17June. The Nyuni joint venture in Tanzania has contracted the Caroil-6 drilling rig todrill two wells on the Nyuni East Songo-Songo PSA, as already announced toshareholders. Under the contract this rig is due to be delivered to the Nyunipartners as soon as a new development well, SS-10, has been completed on theadjoining Songo-Songo gas field by PAT. PAT had anticipated delivering the rig to the Nyuni partners this month but hasnow announced that problems with mechanical equipment on the rig will result ina temporary suspension of drilling operations at Songo-Songo while mechanicalrepairs are carried out with the consequence that the rig will not now bedelivered to Aminex in June as planned. Aminex anticipates that there may be a delay of several weeks. Meanwhile Aminexhas finalised agreements for services, supplies and personnel and extensive sitepreparation is virtually complete. Shareholders will be kept advised of progresson the rig repairs. Enquiries: Aminex PLC +44 (0) 20 7291 3100Simon Butterfield Pelham Public Relations +44 (0) 7802 442 486Archie Berens This information is provided by RNS The company news service from the London Stock Exchange