News Results for Aminex (AEX)

  • 23 Oct
    09:27
    Aminex completes Ruvuma farm-out to ARA Petroleum Tanzania

    Aminex is said it had completed the farm-out of its Ruvuma to ARA Petroleum Tanzania. The company transferred a 50% interest in, and operatorship of, the Ruvuma PSA to ARA Petroleum. Following...

  • 28 Aug
    09:42
    Aminex extends deadline for Ruvuma farm-out amid longer-than-expected wait for government approval

    Upstream oil and gas company Aminex said it had agreed to extend the long-stop date for interested parties to meet the conditions of the Ruvuma farm-out by one month to 30 September 2020....

  • 30 Sep
    09:43
    Aminex posts narrowed loss, eyes end to delays in Tanzania

    Small cap energy play Aminex reported a loss for the six months to 30 June of $2.19m (30 June 2018: loss of $2.36m). During the period the company completed an equity issue of $2.18m after...

  • 16 Aug
    07:42
    Aminex continues to wait on Tanzanian government to approve farmout of Ruvuma to ARA Petroleum

    Gas exploration and production company Aminex said it continued to wait on the Tanzanian government to approve the farmout of Ruvuma to ARA Petroleum. The company also said it had cut costs by more...

  • 24 May
    07:50
    Aminex chief executive steps down for health reasons

    Oil company Aminex has announced that, due to health reasons, Jay Bhattacherjee will step down as chief executive and director of the company with immediate effect. The board of Aminex has...

  • 30 Apr
    12:05
    Director Deals - Aminex PLC (AEX)

    Jay Bhattacherjee, Chief Executive Officer, bought 484,376 shares in the company on the 30th April 2019 at a price of 1.02p. The Director now holds 47,925,673 shares. Story provided by...

  • 15 Feb
    17:45
    Director Deals - Aminex PLC (AEX)

    John Bell, Chairman, 1,034,482 shares in the company on the 14th February 2019 at a price of 1.45p. The Director now holds 1,034,482 shares. Story provided by StockMarketWire.com Director deals...

  • 15 Feb
    17:45
    Director Deals - Aminex PLC (AEX)

    Jay Bhattacherjee, Chief Executive Officer, 1,034,482 shares in the company on the 14th February 2019 at a price of 1.45p. The Director now holds 47,441,297 shares. Story provided by...

  • 15 Feb
    17:45
    Director Deals - Aminex PLC (AEX)

    Max Williams, Executive Director, 1,034,482 shares in the company on the 14th February 2019 at a price of 1.45p. The Director now holds 4,250,097 shares. Story provided by StockMarketWire.com...

  • 15 Feb
    17:45
    Director Deals - Aminex PLC (AEX)

    Max Williams, Executive Director, 1,034,482 shares in the company on the 14th February 2019 at a price of 1.45p. The Director now holds 4,250,097 shares. Story provided by StockMarketWire.com...

  • 10 Dec
    07:40
    Aminex observes gas at its Kiliwani North-1 well

    Aminex said Monday it had observed gas at its Kiliwani North-1 well after carrying out remediation work on the sub surface safety valve. The well was undergoing further testing and analysis, the...

  • 21 Nov
    14:30
    Aminex delays completion date of Tanzania stake sale until end March

    Aminex said it had agreed to extend the completion date for the sale of a 50% interest in the Ruvuma prospect in Tanzania to Zubair Corporation until the end of March. The said it expected to post...

  • 16 Aug
    09:12
    Aminex appoints Keith Phair as interim chairman

    Aminex said Thursday it had appointed Keith Phair, as Interim Chairman. Phair, who is currently the Senior Non-Executive Director of the Aminex, is expected to take up the role on 31 August...

  • 16 Jul
    09:00
    Director Deals - Aminex PLC (AEX)

    Max Williams, Executive Director, bought 491,642 shares in the company on the 13th July 2018 at a price of 2.00p. The Director now holds 3,215,615 shares. Story provided by StockMarketWire.com...

  • 13 Jul
    15:30
    Director Deals - Aminex PLC (AEX)

    Jay Bhattacherjee, Chief Executive Officer, bought 492,341 shares in the company on the 13th July 2018 at a price of 2.01p. The Director now holds 46,406,815 shares. Story provided by...

  • 27 Apr
    13:21
    Aminex losses narrow, though key well goes on the decline

    Aminex said annual losses narrowed after it produced more natural gas from its assets in Tanzania. Output from a key well, however, started to slow in the second half. Net losses amounted to...

  • 05 Feb
    14:13
    Aminex upgrades resource estimate for Tanzania assets

    Aminex said that RPS Energy Consultants had completed an analysis of the company's Tanzania asset base, leading to a significant resource upgrade. The result helped confirm the feasibility of...

  • 08 Jan
    09:55
    Independent evaluation report on track, says Aminex

    Aminex said an independent evaluation report covering all its Tanzanian resources was on track for completion early this year. It said the new report would supersede and update all previous...

  • 14 Dec
    09:20
    Director Deals - Aminex PLC (AEX)

    Jay Bhattacherjee, Chief Executive Officer, bought 162,574 shares in the company on the 13th December 2017 at a price of 3.04p. The Director now holds 45,914,474 shares. Story provided by...

  • 14 Dec
    07:42
    Aminex appoints company secretary

    Aminex has announced that group general counsel Brian Cassidy has been appointed as company secretary with immediate effect. Max Williams will continue in his roles of director and chief...

  • 06 Nov
    09:49
    Aminex in talks to boost Kiliwani North output rates

    Aminex said production from the Kiliwani North-1 well was currently fluctuating below 1 million standard cubic feet per day due to low reservoir pressure and inlet pressure restrictions of the gas...

  • 05 Oct
    08:16
    Ara Petroleum CEO joins Aminex board

    Aminex has appointed Ara Petroleum chief executive Sultan Al-Ghaithi as a non-executive director with immediate effect. Al-Ghaithi, who has 18 years of industry experience, is CEO of Ara...

  • 28 Sep
    08:16
    Aminex swings into profit

    Aminex swung into the black in the six months to the end of June with a profit of $1.01m against a loss $2.45m last time. The company also said it had repaid all of its outstanding corporate debt...

  • 28 Sep
    07:10
    FLASH: Aminex swings into profit

    Story provided by StockMarketWire.com

  • 06 Sep
    07:46
    Aminex submits Ntorya development plan

    Aminex has confirmed that a development plan for the Ntorya field, located onshore in the Ruvuma Basin, has been submitted to the Tanzania Petroleum Development Corporation for approval. Aminex...

  • 06 Sep
    07:05
    FLASH: Aminex submits Ntorya development plan

    Story provided by StockMarketWire.com

  • 20 Jul
    09:45
    Aminex receives further Kiliwani gas sales payment

    Aminex has received a further payment from Tanzania Petroleum Development Corporation for Kiliwani gas sales. The company said it continued to work with TPDC to bring arrears fully up to date....

  • 10 Jul
    09:39
    Solo Oil notes appointment of io

    Solo Oil reports the appointment of io oil & gas consulting (IO), a Baker Hughes and McDermott joint venture, to prepare a gas commercialisation study to assist with the development of the...

  • 20 Jun
    09:45
    Aminex debt-free after repaying corporate loan

    Aminex has confirmed it had repaid its corporate loan facility in full and that it was now a debt-free producing company. The company said it was arranging the release of fixed and floating...

  • 04 May
    09:25
    Director Deals - Aminex PLC (AEX)

    Jay Bhattacherjee, Chief Executive Officer, bought 181,923 shares in the company on the 3rd May 2017 at a price of 4.08p. The Director now holds 45,751,900 shares. Story provided by...

  • 24 Apr
    08:41
    Aminex triples resource estimate for Ntorya

    Aminex has confirmed a tripling of resources in the Ntorya appraisal area in Tanzania. It said the potential of the Ntorya appraisal area, a component of the Ruvuma PSA operated by Aminex, had...

  • 24 Apr
    07:15
    FLASH: Aminex upgrade for Ntorya appraisal area

    Story provided by StockMarketWire.com

  • 06 Apr
    08:40
    Aminex losses narrow

    Aminex's losses narrowed to $2.53m in the year to the end of December - down from $3.78m in 2015. Aminex said it progressed strongly on many fronts during 2016 and early 2017 and had become a...

  • 06 Apr
    07:12
    FLASH: Aminex losses narrow

    Story provided by StockMarketWire.com

  • 08 Mar
    09:35
    Aminex confirms successful Ntorya-2 test

    Aminex has confirmed that the Ntorya-2 appraisal well has now been successfully tested and is being suspended for future production. Ntorya-2 was drilled in the onshore Ruvuma Basin of southern...

  • 08 Mar
    07:04
    FLASH: Aminex confirms successful Ntorya-2 test

    Story provided by StockMarketWire.com

  • 06 Feb
    08:00
    Aminex sees better than expected results at Ntorya-2

    Aminex reports better than expected results from the Ntorya-2 appraisal well which has been successfully drilled to a depth of approximately 2,750 metres. Aminex said that at 2,596 metres drilling...

  • 06 Feb
    07:08
    FLASH: Aminex delighted with progress at Ntorya-2 well

    Story provided by StockMarketWire.com

  • 09 Jan
    16:02
    Oil, Gas Roundup

    Tullow Oil (LON:TLW) has agreed a substantial farm-down of its assets in Uganda to Total E&P Uganda. A sale and purchase agreement with an effective date of 1 January has been signed in which...

  • 09 Jan
    07:49
    Aminex update on Ntorya-2 drilling

    Aminex has issued an update on the company's drilling activity in the Ruvuma Basin, Tanzania, where the Ntorya-2 appraisal well was spudded on 21 December, with a planned total depth of 2,860...

  • 09 Jan
    07:03
    FLASH: Aminex update on Ntorya-2 well

    Story provided by StockMarketWire.com

  • 21 Dec
    16:22
    Oil, Gas Roundup

    LGO Energy (LON:LGO) says recent loan re-financing and equity placement have positioned the Company for an early return to drilling in the Goudron Field with the imminent signing of an initial two...

  • 21 Dec
    15:11
    Aminex spuds Ntorya 2 appraisal well

    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...

  • 19 Dec
    16:21
    Oil, Gas Roundup

    San Leon (LON:SLE) was the sector's biggest riser - up by over 17.9% in late trading - after noting the takeover speculation regarding the company and confirming that it has received an approach...

  • 19 Dec
    07:51
    Aminex gets Nyuni extension

    Aminex has now received formal approval from Tanzania's minister of energy and minerals to extend the current work period of the Nyuni Area PSA for a period of four years until at least 27 October...

  • 19 Dec
    07:09
    FLASH: Aminex gets Nyuni extension

    Story provided by StockMarketWire.com

  • 05 Dec
    08:05
    Aminex set to spud Ntorya-2 appraisal well

    Aminex has issued an operational update for the Ruvuma PSA and the Kiliwani North development licence. Aminex has confirmed that an independent inspection of the Caroil 2 drilling rig has now...

  • 18 Nov
    11:10
    Broker Forecast - Canaccord Genuity issues a broker note on Aminex PLC

    Canaccord Genuity today initiates coverage of Aminex PLC (LON:AEX) with a speculative buy investment rating and price target of 3.50p. Story provided by StockMarketWire.com

  • 18 Oct
    16:05
    Oil, Gas Roundup

    Aminex (LON:AEX) 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...

  • 18 Oct
    09:03
    Aminex to spud Ntorya-2 in late Q4

    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...

  • 18 Oct
    07:11
    FLASH: Aminex update on Ntorya-2 appraisal well

    Story provided by StockMarketWire.com

  • 23 Sep
    16:07
    Oil, Gas Roundup

    Sound Energy (LON:SOU) said it and PetroMaroc Corp. have revised the terms relating to the former's acquisition of a 50% operated stake in in three onshore gas permits in Morocco, together known as...

  • 23 Sep
    07:56
    Aminex appoints joint corporate broker

    Aminex has appointed Investec Bank as joint corporate broker together with Davy, Aminex's sponsor, and Shore Capital Stockbrokers Limited. Story provided by StockMarketWire.com

  • 23 Sep
    07:30
    Aminex rig contract for Ntorya-2

    Aminex has signed a rig contract for the drilling of the Ntorya-2 appraisal well in the Ruvuma basin. The Caroil 2 drilling rig is currently on the Ntorya 1 well pad and preparations are under...

  • 23 Sep
    07:10
    FLASH: Aminex rig contract for Ntorya-2

    Story provided by StockMarketWire.com

  • 16 Sep
    09:00
    Director Deals - Aminex PLC (AEX)

    Jay Bhattacherjee, Chief Executive Officer, bought 534,519 shares in the company on the 15th September 2016 at a price of 185.00p. The Director now holds 45,569,977 shares. NOTE: Connected...

  • 15 Sep
    16:17
    Oil, Gas Roundup

    Global Energy Development (LON:GED) was the sector's biggest faller after posting an operating loss of $2.8m for the six months to the end of June - up from $2.7m last time. Revenues fell to...

  • 15 Sep
    09:15
    Aminex losses widen

    Aminex posts a pre-tax loss of $2.4m for the six months to the end of June - up from $606,000 a year ago. Revenues rose to $255,000 from $166,000 but total administrative expenses increased to...

  • 15 Sep
    07:12
    FLASH: Aminex losses widen

    Story provided by StockMarketWire.com

  • 07 Sep
    16:18
    Oil, Gas Roundup

    Aminex (LON:AEX) will maintain its 54.575% interest in the Kiliwani North Development Licence in Tanzania, which the company operates. Under the terms of a sale and purchase agreement with Solo...

  • 07 Sep
    07:38
    Aminex to maintain 54.575% interest in KNDL

    Aminex will maintain its 54.575% interest in the Kiliwani North Development Licence in Tanzania, which the company operates. Under the terms of a sale and purchase agreement with Solo Oil...

  • 07 Sep
    07:04
    FLASH: Aminex to maintain interest in KNDL

    Story provided by StockMarketWire.com

  • 18 Aug
    16:10
    Oil, Gas Roundup

    Aminex (LON:AEX) was the sector's biggest riser after it received first payment in relation to gas produced from the Kiliwani North-1 well in Tanzania and supplied to the Tanzania Petroleum...

  • 18 Aug
    09:50
    Aminex gets first payment for Kiliwani North gas

    Aminex has received first payment in relation to gas produced from the Kiliwani North-1 well in Tanzania and supplied to the Tanzania Petroleum Development Corporation. Gas produced was paid in...

  • 10 Aug
    17:30
    Director Deals - Aminex PLC (AEX)

    Jay Bhattacherjee, Chief Executive Officer, bought 1,153,847 shares in the company on the 8th August 2016 at a price of 1.30p. The Director now holds 45,035,458 shares. NOTE: Subscription to open...

  • 01 Aug
    15:52
    Oil, Gas Roundup

    Ascent Resources' (LON:AST) shares soared after the group and its partners in Slovenia signed conditional agreements needed to allow commercial gas production to start as early as January. The...

  • 01 Aug
    07:49
    Aminex Mtwara licence extended

    Aminex said the Mtwara licence of the Ruvuma production sharing agreement (PSA) which was due to expire in December 2016, received formal ministerial approval and signature for an extension of one...

  • 13 Jul
    16:15
    Oil, Gas Roundup

    JKX Oil & Gas (LON:JKX) says the police investigation into its Ukrainian subsidiary, Poltava Petroleum Company, which started on 14 June, is continuing. Since the initial visit the local police...

  • 08 Jul
    16:09
    Oil, Gas Roundup

    Nostra Terra Oil and Gas Co (LON:NTOG) says the sale of its 20% stake in the Chisholm Trail prospect for $2.1 million, which is operated by Ward Petroleum Corporation, is progressing in line with...

  • 08 Jul
    14:07
    Aminex fundraising

    Aminex is planning to raise £19.5m through a placing and open offer to finance the drilling of the Ntorya-2 appraisal well and the Ntorya-3 exploration well. Approximately 983.1 million new...

  • 06 Jul
    16:11
    Oil, Gas Roundup

    Tullow Oil (LON:TLW) was the sector's biggest faller after announcing the initial pricing terms of its offering of $300 million of convertible bonds due 2021, announced earlier today. The...

  • 04 Jul
    16:07
    Oil, Gas Roundup

    Aminex (LON:AEX) was the sector's biggest riser after it announced that gas production from the Kiliwani North-1 well in Tanzania reached 30 mmcf per day (approximately 5,000 barrels of oil...

  • 04 Jul
    08:18
    Aminex updates on Kiliwani North output

    Aminex says gas production from the Kiliwani North-1 well in Tanzania reached 30 mmcf per day (approximately 5,000 barrels of oil equivalent per day)at the weekend with stable pressure recordings...

  • 27 Jun
    16:15
    Oil, Gas Roundup

    Aminex (LON:AEX) has completed discussions with the Tanzanian Petroleum Development Corporation in relation to extending the term for the Mtwara licence of the Ruvuma production sharing agreement...

  • 27 Jun
    08:53
    Aminex licence extension approved by TPDC

    Aminex has completed discussions with the Tanzanian Petroleum Development Corporation in relation to extending the term for the Mtwara licence of the Ruvuma production sharing agreement which was...

  • 27 Jun
    07:11
    FLASH: Aminex loan extension

    Story provided by StockMarketWire.com

  • 06 Jun
    16:17
    Oil, Gas Roundup

    Aminex (LON:AEX) was up in late trading after announcing it was pleased with progress being made at the Kiliwani North development licence in Tanzania. It says commissioning of the power...

  • 06 Jun
    07:41
    Aminex pleased with progress at Kiliwani

    Aminex is pleased with progress being made at the Kiliwani North development licence in Tanzania. It says commissioning of the power generation system and other auxiliary facilities has been...

  • 06 Jun
    07:07
    FLASH: Aminex pleased with progress at Kiliwani

    Story provided by StockMarketWire.com

  • 18 May
    15:24
    Aminex passes resolutions at AGM

    Aminex has confirmed that all resolutions were passed at today's Annual General Meeting. At 3:24pm: (LON:AEX) Aminex PLC share price was +0.08p at 1.28p Story provided by StockMarketWire.com

  • 10 May
    16:04
    Oil, Gas Roundup

    Sound Energy's (LON:SOU) was one of the sector's biggest fallers after it inked a heads of terms whereby Greenberry Plc and other investors will subscribe for bonds to be issued by the company to...

  • 10 May
    15:11
    Aminex grants 139.25m options

    Aminex has granted 139.25 million options to its directors and staff. The total number of options now in issue is 156.775 million, representing approximately 8.7% of the company's issued share...

  • 25 Apr
    08:18
    Aminex losses narrow

    Aminex posts a pre-tax loss of $3.8m for the year to the end of December - down from $5.9m last time. Revenues fell to $350,000 from $444,000. Administrative expenses fell to $1.6m from $2.8m....

  • 25 Apr
    07:16
    FLASH: Aminex losses narrow

    Story provided by StockMarketWire.com

  • 06 Apr
    15:50
    Oil, Gas Roundup

    Aminex (LON:AEX) and Solo Oil's (LON:SOLO) shares were up in late trading after first gas production from the Kiliwani North gas field in Tanzania. The Kiliwani North development licence...

  • 06 Apr
    09:28
    Aminex confirms first gas from Kiliwani North

    Aminex has announced first gas production from its Kiliwani North gas field in Tanzania. The Kiliwani North development licence is operated by a wholly-owned subsidiary of the company with a...

  • 04 Apr
    15:50
    Oil, Gas Roundup

    Caza Oil & Gas's (LON:CAZA) shares slumped after it called a special meeting of shareholders to consider a proposal by Talara Opportunities V, LP, the majority shareholder of Caza, to take the...

  • 04 Apr
    09:03
    Aminex sells 3.825% interest in Kiliwani North

    Aminex has executed a sale and purchase agreement for the disposal of a 3.825% interest in Kiliwani North Development Licence to Solo Oil for US$2.16 million. Following full receipt of the...

  • 04 Apr
    07:15
    FLASH: Aminex sells 3.825% interest in KNDL

    Story provided by StockMarketWire.com

  • 15 Mar
    15:45
    Oil, Gas Roundup

    Northern Petroleum (LON:NOP) was the sector's biggest riser following an update on production activities in north west Alberta, Canada. HIGHLIGHTS: � The Company is part way through the winter...

  • 15 Mar
    09:35
    KN-1 well integrity testing concluded, says Aminex

    Aminex says final well integrity testing of the Kiliwani North-1 well (KN-1) has been concluded, recording a high tubing pressure reading relative to the other producing wells on Songo Songo...

  • 15 Mar
    07:08
    FLASH: Aminex update on Kiliwani North-1

    Story provided by StockMarketWire.com

  • 11 Feb
    07:58
    Aminex sells 3.825% interest in Kiliwani North

    Aminex has reached an agreement for the sale of a final 3.825% interest in the Kiliwani North development licence to Solo Oil for USD2.16 million in cash. Solo currently holds a 6.175% interest...

  • 11 Feb
    07:12
    FLASH: Aminex sells 3.825% interest in Kiliwani North

    Story provided by StockMarketWire.com

  • 01 Feb
    08:07
    Aminex to retain interests in Kiliwani North and Ruvuma

    Aminex's planned sale of a 25% interest in the Kiliwani North development licence and a 50% interest in the Ruvuma PSA to Bowleven, announced to shareholders on 19 November, will not proceed. An...

  • 01 Feb
    07:18
    FLASH: Aminex update on Tanzania transactions

    Story provided by StockMarketWire.com

  • 01 Feb
    07:06
    FLASH: Aminex update on Kiliwani North-1 well

    Story provided by StockMarketWire.com

  • 13 Jan
    15:57
    Oil, Gas Roundup

    Rockhopper Exploration's (LON:RKH) shares were up in late trading after it issued an update on its Sea Lion development. Timing and Project Highlights: - Pre-FEED work for Phase 1a of the Sea...

  • 13 Jan
    07:54
    Aminex set to start first production in Africa

    Aminex has executed a fully-termed gas sales agreement with the Tanzania Petroleum Development Corporation for the Kiliwani North gas field, which moves the company into its much anticipated...

  • 13 Jan
    07:03
    FLASH: Aminex set to start first production in Africa

    Story provided by StockMarketWire.com

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