We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Aminex Plc | LSE:AEX | London | Ordinary Share | IE0003073255 | ORD EUR0.001 (CDI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.055 | 4.49% | 1.28 | 1.25 | 1.35 | 1.30 | 1.225 | 1.225 | 9,189,835 | 16:35:05 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Crude Petroleum & Natural Gs | 64k | -4.06M | -0.0010 | -13.00 | 54.75M |
TIDMAEX
RNS Number : 0648Z
Aminex PLC
03 February 2014
AMINEX PLC
FORMAL ADDENDUM TO RUVUMA PRODUCTION SHARING AGREEMENT
Aminex PLC ("Aminex" or the "Company") is pleased to announce that a formal Addendum to the Ruvuma Production Sharing Agreement has been signed with the Tanzanian Minister of Energy and Mines.
The Addendum allows for the remaining obligations under the First Extension Period to be completed in the Second Extension Period, as previously announced by the company on 30 May 2013. The amended agreement requires four wells to be drilled by the end of 2016. In conjunction with the amended obligations to the Ruvuma PSA, the Company has granted TPDC (Tanzanian Petroleum Development Corporation) and the Government certain securities over Kiliwani North Development Licence on a sliding scale basis. As each of the wells is drilled the security reduces and when all four wells are drilled the Government and TPDC will no longer have any further security over the Kiliwani North Development Licence.
Jay Bhattacherjee Aminex Chief Executive Officer commented:
"We are delighted to have received formal approval from the Government of Tanzania for the moving of our commitments to the Second Extension Period; it will allow us to accelerate our seismic programme over the Ruvuma PSA in order to identify high grade drill ready prospects."
- Ends -
For further information:
Aminex +44 (0) 20 7291 3100
Jay Bhattacherjee, Chief Executive Officer
FTI Consulting
Edward Westropp +44 (0) 20 7831 3113
Georgia Mann
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCEAPFFDFPLEFF
1 Year Aminex Chart |
1 Month Aminex Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions