Study Subsurface Compressors for Gas Wells as Aminex search for the right equipment continues...

Conventional Onshore Wells

In a conventional gas well, the reservoir pressure must overcome the wellbore pressure in order for gas to be produced. As the well ages and the reservoir pressure depletes, it becomes more difficult for the gas to naturally rise.

Subsurface Compressor Systems™ (SCS) decrease bottom hole flowing pressure, drawing the reservoir gas into the intake of the compressor and then pushing it up the production tubing to increase the flowing well head pressure and density. This increases the production rate by up to 50%, which increases cash flow and net present value. This also increases the rate of recovery significantly, increasing the production life and providing a healthier balance sheet.

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TPDC Gas Plant keen on Safety - PETROTAN for Oil?

TANZANIA Petroleum Development Corporation (TPDC) gas processing plant has operated for almost 20,000 hours without an occupation accident.

The plant located at Madimba, Mtwara, started operation in mid third quarter of 2015, has installed processing capacity of 210 million standard cubic feet a day (mmscfd) and manned by almost 100 people.

Great News for Aminex & Solo Oil as Manufacturers Line up for Gas in Tanzania

Demand for natural gas as the main source of energy among manufacturers and other users in Tanzania continues to rise, according to Tanzania Petroleum Development Corporation (TPDC).

TPDC says it has received new applications for industrial use, with at least ten manufacturers expected to switch to natural gas before the end of this year.

Malcy on Aminex CPR Uprade from 1.34tcf to 1.87tcf

Aminex

A significant resource upgrade today from RPS which is way better than had been expected. This and other data from io, confirms the feasibility of developing the Ntorya gas field for commercial production. The Ntorya Pmean GIIP is increased to 1.87 TCF, an increase of 44% on managements latest estimates (1.3 TCF) and 12x the previous CPR. The 2C gross contingent resources number is up 11x from previous CPR at 762.8 BCF.

Solo Oil welcomes major upgrade to Ntorya gas resources

Neil Ritson, chief executive of Solo Oil PLC (LON:SOLO), discusses with Proactive the findings from the recently completed CPR which reveals a major upgrade to the gas resources at the Ntorya project in Tanzania.

It follows the Ntorya-2 appraisal well success and an assessment of well testing.

Ntorya’s contingent gas resource has now risen to 762.8bn cubic feet of gas, comprising 80.6bn cubic feet of gas that’s described as pending development – to be addressed by the planned initial three well operation.

Two of the three wells have so far been drilled, and the third is due later this year. The gas would be connected to a gas plant located some 33 kilometres away.

Solo Oil holds a 25% interest in the project.

Solos view of the new CPR

Aminex delighted with significant resource upgrade across Tanzania assets

Jay Bhattacherjee, chief executive at Aminex plc (LON:AEX), discusses with Proactive the findings from the latest CPR on their asset base in Tanzania.

Among the highlights is a 44% increase in management estimates for gas initially in place across Ntorya from 1.3 TCF to 1.87 TCF.

The new figure also represents a 12-fold increase over the 2015 CPR.

''It's obviously a big piece of news for us ... we're pretty delighted about the results but more so the work we've put into getting the results''.

''We've been working quite hard at the basin model and based on the drilling of Ntorya-2 and some of the interpretation of the data we've re-created the basin model and it's always nice to have your work verified ... and reinforces that this asset is of national importance''

Source: Proactiveinvestors

RNS - Results of Competent Persons Report

5^th February 2018

Aminex plc

 ("Aminex" or "the Company")

Independent Report shows Significant Resource Upgrade

Aminex advises that RPS Energy Consultants Limited ("RPS") has now completed a Competent Person's Report ("CPR") over the Company's entire Tanzania asset base and that their findings have established a significant resource upgrade.  This result, taken together with the results of the Ntorya Gas Commercialisation Study prepared by io oil & gas consulting last year, confirms the feasibility of developing the Ntorya gas field for commercial production. RPS, a subsidiary of RPS Group, is an internationally-reputed reporting firm and io oil & gas consulting ("io") is a joint venture between Baker Hughes, a GE company, and McDermott.

Aminex The Road Map From Solo Oil & Gas Perspective

The Road is Clearer...

Highlights 2017

Appraisal well Ntorya-2 successfully drilled and tested at a constrained rate of 17 mmscfd;

Significant increase to resources estimates as a result of Ntorya-2, to over 1.34 tcf gross discovered gas in place;

Filed a development plan for the Ntorya Gas Field including an early production scheme;