Scandoil  

Aminex updates variation of Nyuni Area PSA work programme


Published Mar 17, 2015
Aminex in Tanzania

Aminex is pleased to notify shareholders that the Tanzanian authorities have agreed to the deferral of a two well drilling commitment on the Nyuni Area PSA, which was due to be completed by the end of October 2015, into the four-year First Extension which expires October 2019. The deferral is conditional on an Environmental Impact Assessment, which has already commenced, and the eventual acquisition of 3D in the deep water which will be subject to completion of a tendering process.

The Nyuni Area licence covers onshore, transition zone, offshore continental shelf and deep water acreage. Previous exploration on the Licence area has concentrated on the shelf and included the Kiliwani North-1 gas discovery which is due to start commercial production into new gas infrastructure in the first half of the year.

Tags: Aminex PLC




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