Monday saw upstream oil and gas firm Aminex (LSE:AEX) announce the appointment of John Bell as chairman with immediate effect. Having spent more than 30 years in the energy sector, the chartered engineer brings a wealth of experience to the role. Throughout his career, Bell has held vice president or managing director-level positions at heavyweight…
Aminex (LSE:AEX) and Solo Oil (LSE:SOLO) dipped slightly today on an operational update for their shared interests in Tanzania. Aminex is 63pc owner and operator of the Kiliwani North Development licence where Solo also holds a c.8.4pc position. Today, Aminex said it engaged Schlumberger to fix a faulty subsurface safety valve on the Kiliwani North-1…
This morning saw Aminex (LSE:AEX) and Solo Oil (LSE:SOLO) reveal an increase in their respective positions in the producing Kiliwani North Development licence in Tanzania. Aminex said that Bounty Oil & Gas, one of its partners on the licence and the widerNyuni Area PSA, has been forced to transfer its holding to other licence participants…
Energy firm Aminex (LSE:AEX) sat at 2p this morning after announcing that it has begun remediation work on a key well based on its 58pc-owned and operated Kiliwani North asset in Tanzania. After reporting that pressure at the Kiliwani North-1 well had built up sufficiently last week, the company said today that it plans to repair…
Oil and gas firm Aminex (LSE:AEX) told investors it has secured a transformational farm-out deal to accelerate the development of its major Ntorya project in Tanzania today, leading shares to soar 29pc higher to 2.9p. ARA Petroleum Tanzania, an affiliate of Zubair Corporation, will pay Aminex $5m for a 50pc interest in its 75pc-owned Rumuva…