Texas drilling update

Aminex PLC, the oil and gas company listed in London and Dublin provides the following progress report on the GU#38 well at South Weslaco, Hidalgo County, Texas.

GU#38 was spudded on 23 December 2007 and achieved planned total depth of 11,000 feet (3,352 metres) on 9 January in deep Frio sands which had not been reached by the three previous wells drilled in the current programme. Drilling was achieved in 16 days, well ahead of the target drilling time of 25-30 days.