Last checked at 4 Sep 2014 07:00
Aminex plc
("Aminex" or "the Company")
NEW CORPORATE PRESENTATION
Aminex, an independent oil and gas company premium-listed on the London Stock Exchange and primary-listed on the Irish Stock Exchange with activities focused in Tanzania, announces that following the Company's newly acquired seismic, the Board has released an updated corporate presentation at www.aminex-plc.com
The new interpretation, over the Ntorya discovery, shows that Likonde and Ntorya are connected at the Cretaceous level and based on the recent 2014 seismic programme, management estimates of the resources have increased from 1.2 Tcf to 1.9 Tcf (Pmean GIIP).
Jay Bhattacherjee, Chief Executive Officer commented:
"We are highly encouraged by the results from the seismic programme. The increase in resource confirms the world-class potential of Ruvuma, which is being proven in the offshore blocks. We look forward to updating shareholders with our developments."
For further information:
| |
Aminex PLC | +44 20 7291 3100 |
Jay Bhattacherjee, Chief Executive Officer | |
Max Williams, Chief Financial Officer | |
Corporate Brokers | |
Shore Capital Stockbrokers-Jerry Keen | +44 20 7408 4090 |
Davy Corporate Finance-Brian Garrahy | +35 3 1679 7788 |
GMP Securities Europe LLP-Rob Collins | +44 20 7647 2816 |
Yellow Jersey PR (Financial PR) | +44 7768 537 739 |
Dominic Barretto Kelsey Traynor |