News

October 20, 2009

Aminex Has A Busy Q4 2009 With Wells In Egypt And Tanzania

The final months of 2009 should prove interesting for investors in Aminex, who, after January’s announcement of a successful well on the South Weslaco field in Texas, have endured a rather dull year. Now, however, the LSE company, which is due to appear at oilbarrel.com’s October 28 conference, is drilling ahead in Egypt, where the South Malak-1 well is being deepened after encountering thicker than expected zones in the Miocene, and gearing up for the December spud of the high impact Likonde-1 wildcat alongside African exploration big hitter Tullow Oil.

The final months of 2009 should prove interesting for investors in Aminex, who, after January’s announcement of a successful well on the South Weslaco field in Texas, have endured a rather dull year.  Now, however, the LSE company, which is due to appear at oilbarrel.com’s October 28 conference, is drilling ahead in Egypt, where the South Malak-1 well is being deepened after encountering thicker than expected zones in the Miocene, and gearing up for the December spud of the high impact...