New Corporate Presentation

RNS Number : 7909Q

Aminex PLC

04 September 2014

 

Aminex plc

("Aminex" or "the Company")

NEW CORPORATE PRESENTATION

Aminex, an independent oil and gas company premium-listed on the London Stock Exchange and primary-listed on the Irish Stock Exchange with activities focused in Tanzania, announces that following the Company's newly acquired seismic, the Board has released an updated corporate presentation at www.aminex-plc.com

The new interpretation, over the Ntorya discovery, shows that Likonde and Ntorya are connected at the Cretaceous level and based on the recent 2014 seismic programme, management estimates of the resources have increased from 1.2 Tcf to 1.9 Tcf (Pmean GIIP).

Jay Bhattacherjee, Chief Executive Officer commented:

"We are highly encouraged by the results from the seismic programme. The increase in resource confirms the world-class potential of Ruvuma, which is being proven in the offshore blocks. We look forward to updating shareholders with our developments."

For further information:
Aminex PLC	[phone]
Jay Bhattacherjee, Chief Executive Officer
Max Williams, Chief Financial Officer
Corporate Brokers
Shore Capital Stockbrokers-Jerry Keen	[phone]
Davy Corporate Finance-Brian Garrahy	[phone]
GMP Securities Europe LLP-Rob Collins	[phone]
Yellow Jersey PR (Financial PR)	[phone]
Dominic Barretto Kelsey Traynor

 

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