Aminex Completes Seismic for Tanzania’s Ntorya-1

Thursday, May 22, 2014

Aminex plc announced that it completed the seismic acquisition to appraise up-dip portion of the Ntorya-1 discovery in Tanzania. The company said that processing has begun with the overall program expected to be complete within the allotted budget and on time. Results are expected during Q3.

Aminex also reported that the construction of the regional Gas Sales Line remains on schedule. The firm said, “The Gas Sales Agreement for Kiliwani North remains largely complete with no material issues outstanding. The Board expects the well to begin production in early 2015, a milestone which will mark Aminex’s first production in East Africa.”

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