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New Corporate Presentation

4 Sep 2014 07:00

RNS Number : 7909Q
Aminex PLC
04 September 2014
 

 

 

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

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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