Aminex Regulatory News (AEX)

28 Mar 2008 07:01

Aminex PLC28 March 2008 AMINEX PLC 28 March 2008 INCREASE IN U.S. RESERVES Aminex PLC, the oil and gas company listed in London and Dublin, today publishesthe results of an updated independent appraisal of its reserves of oil and gasin the USA prepared by OPC of Houston, Texas. The total value of the appraised reserves at 31 December 2007, calculated on aP50 basis, is reported to be $143,074,800, an increase of approximately 66% overthe value reported by OPC in respect of 31 December 2006. The increase is due to higher oil prices, successful drilling efforts andcontinuing production at Shoats Creek and Alta Loma, both of which had beensubject to interruption in previous years. A summary of the OPC report for each of Aminex's four main producing areas hasbeen posted to the Aminex website (www.aminex-plc.com) and appears under theInvestors section. For further information: Brian Hall Aminex +44 20 7291 3100 Archie Berens Pelham PR +44 20 7743 6679 Website www.aminex-plc.com ENDS This information is provided by RNS The company news service from the London Stock Exchange