Business
Tanzania Rig Contract
Tanzania Rig Contract.
About this update from Aminex Plc
[{"type":"text","content":"\n \n\n\n\n\n\nRNS Number : 0149D Aminex PLC 16 March 2011 \n \n\n \n \n\n \n \nAminex PLC (\"Aminex\" or \"the Company\")\n \n \nTANZANIA RIG CONTRACT\n \n \nAminex announces that it has signed a rental contract for use of the Caroil-6 drill rig at Nyuni Island, offshore Tanzania. The Caroil-6 will be used to drill the Nyuni-2 well, targeting a large Neocomian-age gas prospect, and the rig will be mobilised to Nyuni Island within 60 days. Nyuni-1 was drilled and suspended in 2004, having encountered gas in shallower Albian-Aptian sands. Nyuni-2 is an exploration well and will be drilled from the same site as the suspended Nyuni-1 well, but deviated to the south-east at an angle of approximately 30 degrees from vertical. Planned total vertical depth is approximately 2975 metres and measured depth approximately 3380 metres.\n \nThe Caroil-6 was successfully used for drilling Aminex's Kiliwani North-1 discovery well in 2008. It has since been upgraded with a top-drive and additional mud pump capacity.\n \nAminex chairman Brian Hall commented: \"Finalising a contract for Caroil-6 is the first major step in our 2011 Tanzanian drilling programme, following our recent fund-raising exercise. Shareholders will be notified as soon as the Nyuni-2 well has been spudded\".\n \n \n \nFor further information please contact:\n \nAminex PLC +44 (0) 20 7291 3100\nBrian Hall - Chairman\n \nPelham Bell Pottinger +44 (0) 20 7861 3112 or +44 (0)7802 442 486\nArchie Berens\n \n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END CNTUVOBRARAOAAR\n\n ","length":3703,"tagName":"div"}]