News Results for Aminex (AEX)

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...

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....

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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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...

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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....

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...

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...

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...

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...

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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...

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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...

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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...

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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...

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...

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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...

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...

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...

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...

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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...

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

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...

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...

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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...

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

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...

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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...

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...

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...

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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...

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...

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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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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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...

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...

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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

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...

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...

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....

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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...

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...

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...

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...

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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...

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...

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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...

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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...

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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...

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...