Continental Focus, International Reach

Nyuni PSA Extended

Tuesday, December 20, 2016

Aminex received formal approval from the Ministry of Energy and Minerals in Tanzania to extend the current work period of the Nyuni Area PSA for a period of four years, lasting until at least October 27, 2019.

It also advised that it has now formally accepted the Carol-2 rig following inspection by an independent surveyor, and Ntorya-2 drilling operations in the Ruvuma Basin commenced over the weekend. Spudding of Ntorya-2 is expected in the next few days.


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