Ruvuma Farm-out Update

RNS Number : 5002A

Aminex PLC

21 March 2013

 

Ruvuma Farm-out Update

Aminex PLC, ('Aminex'), a London and Dublin premium-listed oil and gas company with assets in the emerging hydrocarbon province of East Africa, provides an update on its proposed farm-out of an interest in the onshore Ruvuma Basin, Tanzania, where it made a discovery of natural gas and condensate in 2012.

Discussions are ongoing with a number of parties and a further announcement will be made when appropriate. 

Aminex (operator) has a 75% interest in the Ruvuma Production Sharing Contract and the remaining 25% is held by Solo Oil PLC.

For further information:

Aminex PLC                                        [phone]

Brian Hall - Chairman

FTI Consulting                                   [phone]

Billy Clegg

Edward Westropp

Georgia Mann

 

END

 

 

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