Press Release
10 January 2012 NTORYA-1 DRILLING UPDATE
Aminex PLC ('Aminex' or the 'Company') today announces an
update on drilling of the Ntorya-1 exploration well in the
Ruvuma Basin onshore in Tanzania.
The well was spudded on the 22 December 2011 and after
subsequent drilling, casing was set at 125 metres and again
at 548 metres. Following successful installation of the top
drive to the rig the well is now drilling ahead at a depth of
620 metres. The target interval of the well is approximately
1,800 to 1,900 metres depth. Ntorya-1 is expected to reach
total depth in late January 2011.
The Ntorya-1 well is designed to test the high quality Basal
Tertiary and Upper Cretaceous sands previously encountered in
the Likonde-1 well, 14 kilometres to the north. Aminex
estimates that the Ntorya Prospect has a probability of
success of around 20%, with mean recoverable resource
potential of 100 million barrels of oil equivalent.
Partners in the well are:
Ndovu Resources Ltd (Aminex) 56.25% (operator) Tullow
Tanzania B.V. 25%
Solo Oil plc 18.75%
For further information:
Stuard Detmer - CEO
M: Communications
Patrick d'Ancona +44 (0) 20 7920 2347 or +44 (0) 7768 981
256
Chris McMahon +44 (0) 207 920 2358 or +44 (0) 7703 045 103
Page 1 of 1
distribué par | Ce noodl a été diffusé par Aminex plc et initialement mise en ligne sur le site http://www.aminex-plc.com. La version originale est disponible ici. Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2012-01-10 08:02:49 AM et restera accessible depuis ce lien permanent. Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité. |
Documents associés | |
Ntorya-1 Drilling Update |