{"id":6829,"date":"2018-02-13T10:13:21","date_gmt":"2018-02-13T10:13:21","guid":{"rendered":"http:\/\/www.oilnewskenya.com\/?p=6829"},"modified":"2018-02-13T10:13:21","modified_gmt":"2018-02-13T10:13:21","slug":"aminex-evaluate-high-grade-leads-drill-ready-targets-tanzania","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/aminex-evaluate-high-grade-leads-drill-ready-targets-tanzania\/","title":{"rendered":"Aminex To Evaluate High Grade Leads To Drill Ready Targets In Tanzania"},"content":{"rendered":"

Aminex has said it is evaluating high grade leads in its licenses in Tanzania in a bid to add to near term cash flow according to its most recent presentation.<\/p>\n

According to Aminex the company has already identified a new lead in Kiliwani South through re-interpretation of existing Kiliwani seismic. The company has had to deal with reducing well pressure at Kiliwani North 1 well <\/a>in the license and is currently working on installing compression facilities to increase production and maximise cashflows from KN-1 hence a new well could be opportune in assisting stabilize production. This is as the Ruvuma \/ Kiliwani development is expected to remain the core of the company activities.<\/p>\n

Already the company is planning to drill the Ntorya 3<\/a> well proposed to spud in H2 2018 in the Ruvuma license that will allow the company to proceed to a gas development project involving at Ntorya including Ntorya 1, 2 and 3 wells to be initiated through an early production system that should generate cash for full field development. Ntorya is estimated to have 13MMBOE (development pending) and 113MMBOE development unclarified.<\/p>\n

Aminex adds that it is interested in lower cost operations which can attract debt financing and technical benefits in drilling and development.<\/p>\n

Aminex is the operator in the three licenses with 75% stake in Ruvuma PSA, 57.447% in Kiliwani North Development License and 93.33% in the Nyuni PSA.<\/p>\n","protected":false},"excerpt":{"rendered":"

Aminex has said it is evaluating high grade leads in its licenses in Tanzania in a bid to add to near term cash flow according to its most recent presentation. … Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":6830,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[11],"tags":[137,6761,6566,2856,6762,1784,6760,2211,2466],"class_list":["post-6829","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-news","tag-aminex","tag-cash-flow","tag-kiliwani","tag-kiliwani-north-1-well","tag-kiliwani-south","tag-ntorya","tag-nyuni","tag-ruvuma-psa","tag-tanzania","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2018\/02\/Aminex-Presentation.jpg?fit=954%2C594&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-1M9","jetpack-related-posts":[{"id":4551,"url":"https:\/\/www.oilnewskenya.com\/index.php\/gas-production-commences-at-tanzanias-kiliwani-north-gas-field\/","url_meta":{"origin":6829,"position":0},"title":"Gas Production Commences at Tanzania’s Kiliwani North Gas Field","author":"","date":"April 6, 2016","format":false,"excerpt":"Operator at the the Kiliwani North Development Licence\u00a0 Aminex has announced gas production from its\u00a0Kiliwani North gas field\u2019s Kiliwani North-1 well ('KN-1') \u00a0in Tanzania has commenced on schedule as had earlier been announced. According to Aminex production is expected to build up to an anticipated production rate of 25-30 mmcfd\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/10\/kiliwani-north.jpg?fit=498%2C565&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":2913,"url":"https:\/\/www.oilnewskenya.com\/index.php\/aminex-provides-technical-evaluation-tanzanias-kiliwani-north-development-license-ruvuma-psa\/","url_meta":{"origin":6829,"position":1},"title":"Aminex provides technical evaluation of Tanzania’s Kiliwani North Development License & Ruvuma PSA","author":"","date":"May 14, 2015","format":false,"excerpt":"Aminex\u00a0has announced that\u00a0Senergy, an independent oil and gas consultancy firm, has completed a technical evaluation on the resources of\u00a0Kiliwani North Development Licence\u00a0and\u00a0Ruvuma PSA. Key Highlights Kiliwani North Development Licence (58.5% Working Interest, Operated) PMean Gas Initially in Place (GIIP) of 44 BCF (gross) of which 28 BCF (gross) booked as\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/05\/Ruvuma-Nyuni-PSA.png?fit=402%2C453&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":2602,"url":"https:\/\/www.oilnewskenya.com\/index.php\/aminex-sell-another-6-5-interest-tanzanias-kiliwani-north-development-licence\/","url_meta":{"origin":6829,"position":2},"title":"Aminex to sell another 6.5% interest in Tanzania\u2019s Kiliwani North Development Licence","author":"","date":"February 25, 2015","format":false,"excerpt":"Aminex is has said that it has received formal approval from the Tanzanian Authorities to sell up to 13% of its interest in Kiliwani North Development Licence (KNDL) to Solo Oil plc and thus there now remains no further conditions precedent to the sale of 6.5% KNDL to Solo for\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/10\/kiliwani-north.jpg?fit=498%2C565&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":4316,"url":"https:\/\/www.oilnewskenya.com\/index.php\/kiliwani-north-1-well-set-for-production-starting-mid-february\/","url_meta":{"origin":6829,"position":3},"title":"Kiliwani North 1 Well Set for production starting mid-February","author":"","date":"February 1, 2016","format":false,"excerpt":"Aminex has informed its shareholders the Tanzanian Petroleum Development Corporation has advised Kiliwani North-1 well could start production in mid February and is currently undergoing final well integrity testing prior to first production. This development follows the signing of a Gas Sales Agreement (GSA) in January which saw the gas\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/02\/Kiliwani-North.png?fit=379%2C538&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":4314,"url":"https:\/\/www.oilnewskenya.com\/index.php\/bowleven-farmout-in-tanzanias-ruvuma-psa-terminated\/","url_meta":{"origin":6829,"position":4},"title":"Bowleven Farmout in Tanzania\u2019s Ruvuma PSA Terminated","author":"","date":"February 1, 2016","format":false,"excerpt":"Ruvuma PSA operator Aminex has advised that the proposed disposal of a 25% interest in the Kiliwani North Development Licence and a 50% interest in the Ruvuma PSA to Bowleven PLC, announced to shareholders on 19 November 2015, will not proceed. This follows a failure by the involved parties (Aminex,\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/10\/Kiliwani-North-2.png?fit=313%2C402&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":5130,"url":"https:\/\/www.oilnewskenya.com\/index.php\/solo-oil-opts-not-to-increase-interests-in-kiliwani-north-tanzania\/","url_meta":{"origin":6829,"position":5},"title":"Solo Oil Opts Not To Increase Interests in Kiliwani North, Tanzania","author":"","date":"September 7, 2016","format":false,"excerpt":"Solo Oil has announced that it has informed Aminex plc, the operator of the Kiliwani North Development Licence it does not intend to exercise its immediate option over a further 1.25% interest in the KNDL, which is now available to Solo having received first revenue from gas sales in mid-August.\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/07\/kiliwani-north-well.png?fit=525%2C519&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/07\/kiliwani-north-well.png?fit=525%2C519&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/07\/kiliwani-north-well.png?fit=525%2C519&ssl=1&resize=525%2C300 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/6829","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=6829"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/6829\/revisions"}],"predecessor-version":[{"id":6831,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/6829\/revisions\/6831"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/6830"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=6829"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=6829"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=6829"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}