AMINEX

Aminex PLC (LSE:AEX) shares advanced close to 20% in Monday morning's deals, to trade at 1.2p, after the Tanzanian authorities detailed a new addendum to agreements for gas projects. The company, in a statement, relayed to investors the reported benefits which include the government's commitment to the development of gas resources as soon as possible, support to accelerate production from the Ruvuma asset, and, the construction of supporting infrastructure in the coming six-to-nine months. » Mehr auf proactiveinvestors.co.uk

Scirocco Energy PLC (AIM:SCIR) and Aminex PLC (LSE:AEX) flagged that the project in Tanzania is “approaching exciting times” as a seismic programme undertaken by operator ARA Petroleum has confirmed sufficient data to pinpoint a final drilling position for the upcoming Chikumbi-1. The well is slated to spud in November, and, the AIM-quoted firms today told investors that the well remains on schedule. » Mehr auf proactiveinvestors.co.uk

Wentworth Resources PLC (AIM:WEN) has struck a deal to acquire Scirocco Energy PLC's (AIM:SCIR) 25% stake in Aminex PLC's (LSE:AEX) Ntorya field development project in Tanzania. It is a deal that has made sense on paper for some time given that Scirocco has been open to sale and that Ntorya lies adjacent to Wentworth's 32% owned flagship Mnazi Bay gas field. » Mehr auf proactiveinvestors.co.uk