EGYPT - SOUTH MALAK-1 WELL UPDATE
Aminex PLC ("Aminex") provides the following update on the South Malak-1 well in the West esh el Mellaha concession, onshore Egypt. After some mechanical delays the well is now drilling ahead, currently deeper than 9,700 feet. The original target depth was approximately 9.000 feet but thicker than expected Miocene Rudeis and Nukhul sections were encountered and it is now expected that the well will be drilled to 11,000 feet or deeper. The potential sandstone reservoirs of the pre-Miocene Matulla and Nubian sands have yet to be penetrated.
A further release will be made at the appropriate time.
Further information:
Aminex PLC +44 (0) 20 7291 3100
Brian Hall - Chairman
Pelham Public Relations +44 (0) 20 7337 1509 or +44 (0)7802 442486
Archie Berens