Aminex PLC (LON:AEX) told investors it has further extended the deadline to complete its farm-out deal with ARA Petroleum to September 30 from August 28.
The company continues to await government approval for the transaction.
READ: Aminex names Charles Santos as chairman
"It has taken longer than anticipated to obtain the final approval to the farm-out from the government,” said Robert Ambrose, Aminex chief executive
“The company is doing everything it can to obtain final government approval of the farm-out.
“In the meantime, we are grateful for ARA's continued support to the company."