StockMarketWire.com - Aminex says the civil work for the Ntorya-2 wellsite is now complete and the process of mobilising the Caroil 2 drilling rig and related equipment has begun from the Ntorya-1 well pad to the Ntorya-2 wellsite, approximately 1,500 metres away.
The Ntorya-2 appraisal well is expected to spud late Q4 and once spudded drilling is expected to take between 45 and 60 days. Ntorya-2 represents a low risk appraisal well targeting resources of 153 BCF and follows the discovery well at Ntorya-1, which flow tested at 20 mmcfd with 139 bbls of associate condensate. The company holds a 75% working interest and is the operator.
At 9:03am: [LON:AEX] Aminex PLC share price was -0.1p at 1.9p
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