StockMarketWire.com - Aminex has started drilling the Ntorya 2 appraisal well in the Ruvuma Basin, Tanzania. The well is being drilled to an estimated total depth of 2860 metres and is targeting the same channel complex as Ntorya 1 but further updip of the reservoir.
The well location is a 1,500-metre step-out from the Company's Ntorya 1 discovery which flow-tested gas at 20 mmcf/d, with 139 barrels of associated condensate, from a 3.5-metre sand interval. The company has a 75% operating interest in the well and initial results are expected early next year.
At 3:11pm: [LON:AEX] Aminex PLC share price was +0.06p at 2.19p
Story provided by StockMarketWire.com
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