Robert Ambrose Interview - A Reminder of Aminex Future Prospects

 

A Reminder - Aminex - CEO Robert Ambrose 'tremendously positive' speaks to Proactive

 

"It has taken longer than anticipated to obtain the final approval to the farm-out from the government."

Aminex_PLC Reasons to be Cheerful

Farm Out and EGM (Date reconfirmed three times) to take place by End November. Being subject to licence approval infers the EGM RNS will be the big one and need to be within next few weeks

“Multiple Targets - 763bcf cretaceous 900bcf Jurassic Gas assumed at lower but liquid potential - Oil shows found down dip previous drill”

4.858 TCF GIIP - for Ruvuma - Ntorya 1.9TCF GIIP - 368 BCF 1C - 763 BCF 2C & 1162 BCF 3C

#Aminex CEO Interview "Goverment on Board" "Before Christmas for sure"

Aminex Investor Evening Presentation and Q&A with Jay Bhattacherjee

Hosted by Turner Pope

Thanks to Vox markets for the video production

Big CEO Interview "Institutions delighted with Aminex Farm Out Deal"

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

Aminex Not Full of Hot Air

Tanzania-focused energy firm Aminex (LSE:AEX) is profitable, completely debt free, and sitting on top of a 1.3Tcf (trillion cubic feet) natural gas reserve. So why are AIM investors giving it the cold shoulder?

CEO updates on Aminex

Jay Bhattacherjee update Kiliwani North video interview

Jay Bhattacherjee, chief executive of Aminex plc (LON:AEX) tells Proactive gas production is being restricted at the Kiliwani North well in Tanzania.
The rate is being temporarily reduced to less than 1mln cubic feet per day because the KN-1 well is now thought to be draining only a single compartment within the greater Kiliwani North structure.

Video Review Key Points From The Men at The Top

Twenty Four Minutes over three videos highlighting moments from interviews so far this year with Jay Bhattarcherjee Neil Ritson and Aaron LeBlanc

Part One

Part Two

Solo Oil plc Chairman Neil Ritson Interview

To hear what Neil has to say.....

5.4.3.2.1.....Aminex Ready For Lift Off

With anticipation building and news due anytime, I’m so looking forward to putting the first of an expected stream of direct Aminex news onto the blog.  It's only been three weeks since the appointments of the new COO and the companies own solicitor were made and just five since collaboration with io GE was announced who themselves, bring possible leveraging of their own parent companies to the party.


During the last five weeks, the share has seen around 50% increase in SP as it has edged

Aminex PLC Solo Oil PLC - Ntorya-2 - Giant - Significant - Horrendous

Solo Neil Ritson Stated

“Tanzania – A country considered by many as the new energy hub of Africa”

“Discovered a Major Gas Condensate filed at Ntorya”

“Onshore appraisal underway”

“Pipeline systems needed to monetise are already in place”

“It is already Commercial”

“Reserves potential indicate it could be a GIANT”

The above was stated in December 2016 prior to the RNS from Aminex PLC 6^th February 2017…

Aminex is pleased to announce that the Ntorya-2 appraisal well has been

Aminex Commercialisation Study

Source proactive

20th June 2017 - Being debt free 'gives us a new base to grow from' - Aminex CEO Jay Bhattacherjee

Jay Bhattacherjee, chief executive of Aminex plc (LON:AEX) tells Proactive's Andrew Scott they've now repaid their corporate loan facility in full.

The company now describes itself as a ‘debt-free’ gas producer.

5th May 2017 - Ntorya plans "all leading in a positive direction", "Financially Robust", "Future Bright"

Video source: proactiveinvestors StockTube

Jay Bhattacherjee, chief executive of Aminex plc (LON:AEX) gives Proactive's Andrew Scott some added detail about their recent announcement of a major upgrade to the gas resource estimates for the Ntorya project in Tanzania.

24th April 2017 - “Ruvuma basin continues to deliver" resource upgrade potential liquids. Material upgrade.

Video source: proactiveinvestors StockTube

Aminex plc (LON:AEX) has told investors of a major upgrade to the gas resource estimates for the Ntorya project in Tanzania.

Chief executive Jay Bhattacherjee says the Ntorya discovery is now estimated to have some 466bn cubic feet of mean gas initially in place (GIIP), up from the previous estimate of 153bn cubic feet.

The new estimates range from 62bn cubic feet in the more conservative P90 case to 1.13 trillion cubic feet in the P10 scenario.

''Not only do we have a large gas resource in play but we also have the potential here for liquids and what we're looking to do now is just to go through the basin model we currently have, update that and then build a development programme which we anticipate will be very important for the country''.