"It has taken longer than anticipated to obtain the final approval to the farm-out from the government."
“The company is doing everything it can to obtain final government approval of the farm-out."
Aminex has also identified prospective areas within the Kiliwani North and Nyuni Area concessions, which will be the subject of new seismic data acquisition, with plans to acquire some 275 kilometres of 3D seismic.
The aim is to identify undrained compartments of the Kiliwani North structure and to high-grade the Kiliwani South prospect to ‘drill-ready’ status.
Kiliwani South has previously been estimated to host a possible 57bn cubic feet of in-place gas.
Source: Proactive Investors
Drewky thoughts: I'm liking the thought of a marriage Robert speaks of in the last couple of minutes of the interview, it seems sensible to me, but who might we think such partner could be? The mind boggles as there are some big boys on that coast line.