Oil and gas exploration company Aminex said trading was in line with expectations as a fall in commodity prices was offset by increased oil and gas production.
Successful drilling at its Sunny Ernst 2 well in Texas fields was generating seven millions of standard cubic feet per day, making a significant contribution to revenues, it said. Aminex has a 37.5 per cent stake in the well.
The listed firm said further seismic research was required at its Louisiana stake.
The company is negotiating with the Tanzanian government for a sustained test programme for the off-shore Nyuni licence. New seismic data expected is expected for two other fields in the country early next year, the company said in an interim management statement.
Drilling at two wells in Egypt did not find commercial quantities of hydrocarbons although at least one more will be drilled next year near the onshore Gulf of Suez region.