Aminex continues discussions with Tanzania on Ntorya well
Dublin-listed exploration firm issues update on activities in region
Aminex said production at its Kiliwani North-1 well was 95m cubic feet of gas during the month of December, with the well producing 3.6bn cubic feet of gas during the year in total. Photograph: iStock
Dublin-listed oil and exploration firm Aminex said it was continuing discussions with authorities in Tanzania and engineering firms about the planning and drilling management for a well on its Ntorya permit.
In a statement on Monday, the company said a tender process was under way for a rig to drill the Ntorya-3 well, along with other drilling in the gas field.
Aminex also said production at its Kiliwani North-1 well was 95 million cubic feet of gas during the month of December, with the well producing 3.6 billion cubic feet of gas during the year in total.
An independent evaluation report covering all Aminex’s Tanzanian resources is on track to be completed early this year, the company confirmed.
“Positive discussions are ongoing with the Tanzanian authorities to progress the outstanding Ntorya development licence application, and shareholders will be updated as significant milestones are achieved,” the company said.