Oil and gas firm Aminex is to delay the planned sale of three of its US assets until after further drilling work is completed.

The company, listed on the main market of the London and Irish stock exchanges, had planned to sell properties at Alta Loma and South Weslaco in Texas and Shoats Creek in Louisiana. On notification from the operators of Alta Loma and Shoats Creek that they are to conduct works to increase production at the sites, Aminex is temporarily delaying their sale until production results have stabilised.

Aminex chief executive, Stuard Detmer said the delay would ensure “the maximum realised value from the divestiture”.