Skip to main content
The Markets by Proactive
Go to Proactive UK
Proactive UK has moved. Proactive’s coverage of London’s small caps continues on proactiveinvestors.com Go there →
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Oil & Gas

Aminex 'delighted' as Tanzania 3D seismic project advances

"We are delighted to provide this update on operations on the ground in Tanzania,” said Charlie Santos

Aminex PLC (LSE:AEX) told investors the first phase of 3D seismic project has begun at the Ruvuma project, in Tanzania.

Project operator ARA Petroleum confirmed preparation work has been underway since November 15 and line clearance work is due to start next week.

Five vibroseis trucks are ready to be offloaded at the port of Dar es Salaam and further equipment is due by the end of this week.

It is expected the surveying will start in the field on December 15, in line with the expected timetable. The programme will progress for as long as weather permits – and will complete after the wet season abates in late Q1 2022.

"We are delighted to provide this update on operations on the ground in Tanzania,” said Charlie Santos, Aminex executive chair.

“The acquisition of a modern 3D survey over the target area including the Ntorya discovery is a significant step for the joint venture and, tied with the upcoming well, will further define this important Tanzanian gas resource."

Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK