Aminex Announces Spudding of Ntorya-2 in Tanzania

Aminex has announced that it has commenced drilling the Ntorya 2 appraisal well in the Ruvuma Basin, Tanzania.

The well is being drilled to an estimated total depth of 2860 metres and is targeting the same channel complex as Ntorya 1 but further updip of the reservoir.

“We are delighted to have commenced the drilling of the Ntorya 2 appraisal well in the Ruvuma Basin. Aminex is one of the few oil and gas companies actively drilling in East Africa and this a very exciting time for the Company,” said CEO of Aminex Jay Bhattacherjee.

The well location is a 1,500-metre step-out from the Company’s Ntorya 1 discovery which flow-tested gas at 20 mmcf/d, with 139 barrels of associated condensate, from a 3.5-metre sand interval.

“We are delighted to have confirmation of the start of drilling at the Ntorya-2 appraisal well in the Ruvuma Basin. This low risk step-out from the discovery well is anticipated to provide significant encouragement for the development of the field and the results are eagerly awaited,” Commented Solo’s Chairman Neil Ritson.

The Company has a 75% operating interest while Solo Oil has 25% non-operating interest in the well and initial results are expected early next year.