Ruvuma Farm-out Update

Ruvuma Farm-out Update

Aminex PLC, ('Aminex'), a London and Dublin premium-listed oil and gas company with assets in the emerging hydrocarbon province of East Africa, provides an update on its proposed farm-out of an interest in the onshore Ruvuma Basin, Tanzania, where it made a discovery of natural gas and condensate in 2012.

Discussions are ongoing with a number of parties and a further announcement will be made when appropriate. 

Aminex (operator) has a 75% interest in the Ruvuma Production Sharing Contract and the remaining 25% is held by Solo Oil PLC.

For further information:

Aminex PLC                                        +44 (0) 20 7291 3100

Brian Hall - Chairman

FTI Consulting                                   +44 (0) 20 7831 3113

Billy Clegg

Edward Westropp

Georgia Mann