Aminex PLC

Equities

AEX

IE0003073255

Oil & Gas Exploration and Production

Market Closed - London S.E. Other stock markets 11:35:14 2024-05-28 am EDT			5-day change	1st Jan Change
1.8 ^GBX	+5.88%		+18.03%	+132.26%

May. 23	Ixico wins deal; United Oil & Gas settles debt	AN
May. 23	Aminex Announces The Ministry of Energy in Tanzania Granted a 25-Year Development Licenceover the Ntorya Gas Discovery Area to the Ruvuma Joint Venture	CI

Aminex acquires land for Ntorya to Madimba pipeline

May 10, 2024 at 07:34 am EDT

Aminex PLC - oil and gas investment in Tanzania - Acquires land required for Ntorya to Madimba pipeline. Says Tanzania Petroleum Development Corporation gives firm commitment to first gas at Ntorya by mid-2025. Says TPDC is constructing pipeline, expects to issue construction tender in July. Chair Charles Santo says: "We are very appreciative of the TPDC's update on the Pipeline, the construction of which is a critical milestone in bringing Ntorya gas to the people of Tanzania. We wish to note the professionalism and commitment of the TPDC and highlight the importance the Tanzanian Government attaches to completing the Pipeline as soon as possible. This commitment is rooted in Ntorya's importance in helping to relieve energy poverty and improve energy security for the people of Tanzania. Although this construction is outside our control, we will endeavour to keep shareholders updated as we receive information from the TPDC as construction proceeds".

Current stock price: 1.40 pence, up 3.7%

12-month change: up 24%

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
S&P GSCI ENERGY INDEX	268.7 PTS	+0.33%	+1.39%	-
BRENT CRUDE OIL SPOT	84.14 USD	-0.14%	+1.99%	-
WTI	79.98 USD	-0.13%	+2.18%	-
AMINEX PLC	1.8 GBX	+5.88%	+18.03%	96.86M

Latest news about Aminex PLC

Ixico wins deal; United Oil & Gas settles debt	May. 23	AN
Aminex Announces The Ministry of Energy in Tanzania Granted a 25-Year Development Licenceover the Ntorya Gas Discovery Area to the Ruvuma Joint Venture	May. 23	CI
Aminex acquires land for Ntorya to Madimba pipeline	May. 10	AN
Aminex Updates on Planned Gas Pipeline in Tanzania	May. 10	MT
Aminex PLC Provides Update on Ntorya to Madimba Pipeline	May. 10	CI
Aminex Secures $3 Million Funding Facility from Eclipse Investments	Apr. 29	MT
EARNINGS: Aminex says 2024 to be "decisive"; i3 held back by wildfires	Apr. 29	AN
Aminex PLC Agrees Funding Facility with Eclipse Investments LLC	Apr. 29	CI
Itim revenue up 15%; Aminex completes seismic dataset	Feb. 29	AN
Aminex Reports Increased Gas Initially In Place Estimate at Tanzania Project	Feb. 29	MT
Aminex plc Announces Ruvuma Seismic Update	Feb. 29	CI
Aminex shares jump as inks gas sakes agreement	Jan. 10	AN
Schroders Capital Global investee to be bought out	23-10-31	AN
EARNINGS AND TRADING: Indus Gas full-year profit jumps 19%	23-10-03	AN
Aminex PLC Reports Earnings Results for the Half Year Ended June 30, 2023	23-09-29	CI
Aminex Announces Directorate Change	23-09-01	CI
Aminex notes Ruvuma operations progress; Scirocco has clarity on sale	23-07-12	AN
Aminex plc Announces Ruvuma Operations Update	23-07-12	CI
EARNINGS UPDATES: Hostmore revenue jumps, Aminex loss halves	23-04-28	AN
Aminex PLC Reports Earnings Results for the Full Year Ended December 31, 2022	23-04-28	CI
Aminex PLC Auditor Raises 'Going Concern' Doubt	23-04-27	CI
Fulcrum hails Big Bear find; Aminex's Ruvuma progress	23-03-02	AN
Aminex, Scirocco note Tanzanian commitment to develop gas resources	22-11-28	AN
Aminex PLC Provides Ruvuma Operations Update	22-11-01	CI
SDX Energy Appoints Former Aminex CEO As Nonexecutive Chair	22-10-31	MT

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Company Profile

Aminex PLC is an upstream oil and gas company. The Company is engaged in the exploration, appraisal, development, and production of oil and gas assets, reserves, and resources. The Company's segments include Producing Oil and Gas Properties, Exploration Activities, and Oilfield Services. Its asset portfolio includes Ruvuma PSA, Kiliwani North Development Licence, and Nyuni Area PSA. The Ruvuma PSA comprises two exploration licenses, such as Mtwara and Lindi. Kiliwani North Development Licence is engaged in the development and production in Tanzania. In Nyuni Area PSA, the Company is focused on structural and stratigraphic targets in shallow water close to existing infrastructure, and multi-trillion cubic feet (TCF) resources are also identified and the area is adjacent to producing gas fields. The Companyâs wholly owned subsidiaries include Aminex Petroleum Services Limited, Tanzoil N.L., and Osceola Hydrocarbons PLC.

Sector

Oil & Gas Exploration and Production

Calendar

2024-06-27 - Annual General Meeting

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Sector Other Oil & Gas Exploration and Production

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