Aminex PLC
28 March 2008
AMINEX PLC
28 March 2008
INCREASE IN U.S. RESERVES
Aminex PLC, the oil and gas company listed in London and Dublin, today publishes
the results of an updated independent appraisal of its reserves of oil and gas
in the USA prepared by OPC of Houston, Texas.
The total value of the appraised reserves at 31 December 2007, calculated on a
P50 basis, is reported to be $143,074,800, an increase of approximately 66% over
the value reported by OPC in respect of 31 December 2006.
The increase is due to higher oil prices, successful drilling efforts and
continuing production at Shoats Creek and Alta Loma, both of which had been
subject to interruption in previous years.
A summary of the OPC report for each of Aminex's four main producing areas has
been posted to the Aminex website (www.aminex-plc.com) and appears under the
Investors section.
For further information:
Brian Hall Aminex +44 20 7291 3100
Archie Berens Pelham PR +44 20 7743 6679
Website www.aminex-plc.com
ENDS
This information is provided by RNS
The company news service from the London Stock Exchange
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