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REG - Aminex PLC - Kiliwani Operations Update

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RNS Number : 1670V  Aminex PLC  08 August 2022

8 August 2022

 

Aminex plc

("Aminex" or "the Company")

Kiliwani Operations Update

Aminex is pleased to note that Orca Energy Group Inc. ("Orca") has recently
announced that the 3D seismic acquisition programme, covering a total area of
200 km2 to include the adjacent Songo Songo Licence with a ca. 12.5 km2
incursion into the Kiliwani North Development Licence ("KNDL"), has been
awarded to African Geophysical Services LLP ("AGS"). Having now received all
environmental approvals, Orca is targeting completion of the acquisition
programme before year end to align with the optimum weather window and assure
highest quality data acquisition. Whist the survey has been designed to better
image the structural complexities of Orca's Songo Songo gas-field, the data to
be acquired over KNDL, at zero cost to the KNDL partners, will be valuable in
identifying fault trends, improving reservoir definition and improving our
understanding of the Kiliwani North and South structures.

Charles Santos, Executive Chairman of Aminex commented:

"We are pleased with Orca's announcement of their seismic contract award and
timeframe for the acquisition of their 3D survey. The incursion into the KNDL
should provide valuable data to improve structural mapping and refine the
prospectivity of the Kiliwani North and South structures"

 

 For further information:

 Aminex PLC                          +44 203 355 9909
 Charles Santos, Executive Chairman

 Davy                                +353 1 679 6363
 Brian Garrahy

 Shard Capital                       +44 20 7186 9952
 Damon Heath

 

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