Africa's Oil, Gas and Energy News.
Aminex has announced the Completion of the Ruvuma Farm-Out. The Company, through its wholly owned subsidiary, Ndovu Resources Limited, has transferred a 50% interest in, and operatorship of, the Ruvuma … Read More
ARA Petroleum Tanzania an affiliate of Eclipse Investments, the largest shareholder in Zubair Corporation will take over operatorship of the Ruvuma PSA after Ndovu Resources signed a binding farm-out agreement with the … Read More
Aminex has said it is evaluating high grade leads in its licenses in Tanzania in a bid to add to near term cash flow according to its most recent presentation. … Read More
Aminex has said it expects spud the Ntorya 3 well in Tanzania in H2 2018 with the well planned to drill to a total depth (TD) of approximately 3,000m. Ntorya … Read More
Aminex has reported that the Kiliwani North well produced 95 MMcf of gas during the month of December up from after fluctuating below 1 million standard cubic feet per day … Read More
Solo Oil has entered into a Convertible Loan Agreement with institutional investors arranged by RiverFort Global Capital for a total maximum commitment of US$5 million. The Company has also drawn a … Read More
Solo Oil has announced that it will now not exercise the call option with Helium One and has terminated plans to raise funds to complete that transaction. As a result the … Read More
Aminex has reported a material increase in its estimate of gas initially in place (GIIP) in the Ntorya appraisal area, Tanzania a component of the Ruvuma PSA operated by Aminex … Read More
Solo Oil has announced that the company has raised £2,000,000 (before expenses) through a Company sponsored placing. The net proceeds from the Placing will be used to fund the Company’s share of … Read More
Aminex has announced that the Ntorya-2 appraisal well located at the Ruvuma Production Sharing Agreement has been successfully drilled to a depth of approximately 2,750 metres and encountered a gross … Read More
