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Aminex's Kiliwani North-1 well undergoing final well integrity testing


Published Feb 2, 2016
Aminex PLC

Aminex PLC updates shareholders that the Kiliwani North-1 well is currently undergoing final well integrity testing prior to first production. This follows the signing of a Gas Sales Agreement in January.

The gas price agreed of $3.00 per mmBTU, approximately $3.07 per mcf, is indexed-linked to the US CPI and not reliant on global oil prices. The Company will be paid in US Dollars for all produced gas including commissioning and testing gas.

Tags: Aminex PLC




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