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Tuesday, January 9, 2018
Work is advancing on drilling the Ntorya-3 well in Tanzania. According to Aminex plc, it is “actively engaged” with authorities and with third-party engineering firms on advanced well planning and drilling management. The company is looking to drill the Ntorya-3 well as soon as “operationally possible.” Aminex said it will announce the anticipated spud date once a rig has been secured.
At Kiliwani North,Aminex advised that total gross production from the Kiliwani North-1 well in 2017 was approximately 3.6 Bcf. The well produced 95 Mmcf of gas during the month of December, without intervention due to natural pressure recharge, with flow at rates up to 9 Mmcf/d. In order to maximize recovery from Kiliwani North-1, Aminex and TPDC are working together on the installation of compression facilities.
Aminex is currently reprocessing existing seismic data over the Kiliwani North block and the adjoining Nyuni Area acreage close to the SongoSongo Island gas processing plant with the aim of identifying potential new drilling targets which could be brought on stream relatively quickly to supplement gas production from the existing Kiliwani North-1 well.
In addition, Aminex also reported that work is well advanced on its independent evaluation report covering all ofits Tanzanian resources and this is on track to be completed in early 2018. The new report will supersede and update all previous reports on the Aminex concessions in Tanzania, based on newly acquired data and the ongoing reinterpretation of technical data across all assets.
Positive discussions are ongoing with the Tanzanian authorities to progress the outstanding Ntorya Development License application and shareholders will be updated as significant milestones are achieved.
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