Aminex continues discussions with Tanzania on Ntorya well

Dublin-listed exploration firm issues update on activities in region

Dublin-listed oil and exploration firm Aminex said it was continuing discussions with authorities in Tanzania and engineering firms about the planning and drilling management for a well on its Ntorya permit.

In a statement on Monday, the company said a tender process was under way for a rig to drill the Ntorya-3 well, along with other drilling in the gas field.

Aminex also said production at its Kiliwani North-1 well was 95 million cubic feet of gas during the month of December, with the well producing 3.6 billion cubic feet of gas during the year in total.

An independent evaluation report covering all Aminex’s Tanzanian resources is on track to be completed early this year, the company confirmed.

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“Positive discussions are ongoing with the Tanzanian authorities to progress the outstanding Ntorya development licence application, and shareholders will be updated as significant milestones are achieved,” the company said.

Ciara O'Brien

Ciara O'Brien

Ciara O'Brien is an Irish Times business and technology journalist