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Aminex Agrees to Revised Schedule for Ntorya Gas Development in Tanzania

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Aminex (AEX.L) and its joint venture partners agreed with the Tanzanian government on a revised implementation schedule for the Ntorya gas development in Tanzania, according to a Wednesday filing.

Initial gas production from the Ntorya-1 and Ntorya-2 wells is targeted for December, with the revised schedule providing for the workover of Ntorya-1 in October, testing of Ntorya-2 in November, and drilling of a newly planned NT-Central well in December, followed by the Chikumbi-1 well.

The oil and gas company noted that the talks involved representatives of the Tanzanian Ministry of Energy, the Petroleum Upstream Regulatory Authority, the Tanzania Petroleum Development Corp., project operator ARA Petroleum Tanzania, and Aminex subsidiary Ndovu Resources.

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