Aminex Plc · LSE:AEX
Aminex — Shareholder Meeting (June 2008)
16 slides from Aminex's shareholder meeting presentation, Jun 4, 2008
Slide 1: AGM Presentation: Current Drilling Activity and Exploration Highlights
AGM Presentation Dublin Wednesday 4th June 2008 AMINEX PLC Current Drilling Activity and Exploration Highlights
Slide 2: Exploration activity and drilling update
Exploration activity and drilling update Tanzania - Nyuni drilling activity summary Kiliwani-1 Kiliwani North-1 Egypt – West Esh El Mellaha (WEEM) drilling activity summary Malak-1 NW Tanan-1 Texas, USA – forthcoming drilling activity at Alta Loma Tanzania – Ruvuma exploration activi
Slide 3: Tanzania - Nyuni drilling activity summary
Tanzania - Nyuni drilling activity summary Aminex has recently drilled two wells in the Nyuni PSA: Kiliwani-1 was drilled in late 2007/early 2008, using the Caroil- 6 land rig but the oil and gas shows were uncommercial, and the well was plugged and abandoned. Kiliwani North-1 was drilled in TD’d in
Slide 4: Tanzania - Gas discovery at Nyuni!
Tanzania - Gas discovery at Nyuni ! Kiliwani North-1 was drilled as a vertical well to a TVD of 2,098m subsea (2,570m MD), and encountered a 60m gross gas column which is currently being production tested. The Neocomian, (the primary reservoir at Songo Songo), came in gas-charged, slightly high to p
Slide 5: Tanzania - Nyuni drilling activity summary
Tanzania - Nyuni drilling activity summary The deeper GWC at Kiliwani North-1 is particularly significant, as not only does it mean that it is a separate structure to Songo Songo gas field, but it implies: the presence of sealing faults, because Songo Songo gas field is not filled to spill, and
Slide 6: Egypt - WEEM drilling activity summary
Egypt - WEEM drilling activity summary Aminex Petroleum Egypt Ltd, is currently drilling in the West Esh El Mellaha concession, onshore in the Eastern Desert of Egypt. Aminex is free-carried for 10% through to commercial production. Malak-1 was spudded in late February, and reached TD of 12,116 ft i
Slide 7: Egypt - WEEM drilling activity summary
Egypt - WEEM drilling activity summary Regardless of the outcome of NW Tanan-1, the Malak-1 partners plan to assess the results of both wells before determining a location for the third commitment well. A number of leads and prospects have been identified within the acreage, and will be re-risked in
Slide 8: Texas - Deep well to spud in June at Alta Loma
Texas - Deep well to spud in June at Alta Loma Alta Loma, Galveston, Texas: Currently there is one well producing gas, a further deep exploration well will be soudded imminently. TD is planned at 15,200 ft TVD, with key “S” Sand. objectives being the proven S Sand, Upper Upper Andrau and Lower Andra
Slide 9: Tanzania, Ruvuma - First well to spud in early 2009
Tanzania, Ruvuma - First well to spud in early 2009 The Ruvuma PSA is 12,000 km², and consists of two licence areas, Lindi and Mtwara, each with a single exploration well commitment by end-2009. Tullow Oil will be the Operator for the drilling phase. The drilling campaign is due to begin early 2009.
Slide 10: Tanzania - Ruvuma exploration activity
Tanzania - Ruvuma exploration activity 10
Slide 11: Tanzania, Songo Songo West - New Licence Award!
Tanzania, Songo Songo West - New Licence Award ! On 2nd June, Aminex announced the award of the Songo Songo West PSA in Tanzania. The Songo Songo West PSA is offshore shallow marine, adjacent to the western boundary of the producing Songo Songo gas field and to Aminex’s Nyuni PSA, and east of the re
Slide 12: Tanzania, Songo Songo West - New Licence Award
Tanzania, Songo Songo West - New Licence Award Songo Songo West is highly prospective and provides SW NE excellent further potential in the Lower Cretaceous play fairway as proven by the Songo Songo gas field and the recent Kiliwani North discovery. Aminex and Key are aiming for an early drilling pr
Slide 13: Kenya - L17 & L18 PSA exploration activity
Kenya - L17 & L18 PSA exploration activity The L17 & L18 PSAs cover 5,000 km² along the onshore and nearshore coastal margin of southern Kenya, and were granted in late 2007. Aminex is Operator with 25%, with partners East Africa Exploration Ltd (“EAX”) (40%), and SomKen Ltd (35%). 700km of 2D seism
Slide 14: Madagascar - Manja PSA exploration activity
Madagascar - Manja PSA exploration activity The Manja PSA (Block 3108) is 10,750 km², onshore western Madagascar, in the Morondava basin. Aminex has a 50% interest. The initial work programme for acquisition of 500 km of 2D seismic is approx. 50% complete, (suspended over the wet season at end of 20
Slide 15: Aminex PLC Provisional forward plan, June 2008
Aminex PLC Provisional forward plan, June 2008 Q2 08 Q3 08 Q4 08 Q1 09 Nyuni - TANZANIA KN-1 full production test Further seismic Ruvuma - TANZANIA Start of drilling campaign Manja Bl. 3108 - MADAGASCAR Complete seismic L17 & 18 - KENYA Further seismic WEEM-2 - EGYPT Complete drilling Malak-1 Drill
Slide 16: AGM Presentation, Dublin
AGM Presentation, Dublin Wednesday 4th June 2008 16