Search results for: Nyuni PSA

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  • 14 April 2011
    Business & Finance

      Aminex PLC announces that it has received a formal extension of 6 months to the Nyuni East Songo-Songo Productions Sharing Agreement (‘Nyuni PSA’) from the Tanzanian Ministry of Energy and Minerals. This extension is to cover the likely eventuality that the Nyuni-2 well, due to be spudded in the next few weeks, will not […]

  • 31 October 2011
    Business & Finance

    Aminex PLC (“Aminex” or the “Company”) announces today that it has signed a new Production Sharing Agreement (‘PSA’) with the Tanzanian Minister of Energy & Minerals granting it the right to explore for oil and gas over 1,690 km² in the Nyuni area off the coast of Tanzania  in the Indian Ocean.  The PSA, known […]

  • 4 February 2011
    Business & Finance

      Aminex PLC (‘Aminex’ or the ‘Company’) announces that it is proposing to increase its interest in the Nyuni Production Sharing Agreement in Tanzania (‘Nyuni PSA’) from 50% to 65% through a farm-in arrangement. Binding heads of agreement have been signed. Under the terms of the farm-in, Aminex will fund a 20% share in the […]

  • 24 February 2011
    Business & Finance

      Aminex PLC  announces that it has now received formal approval from the Tanzanian Ministry of Energy and Minerals to acquire an additional 15% working interest from Key Petroleum Ltd. (“Key”) in the Nyuni East Songo-Songo Production Sharing Agreement (“Nyuni PSA”) offshore Tanzania. The agreement with Key was announced on 4 February 2011 and was […]

  • 17 February 2011
    Business & Finance

      Aminex PLC (‘Aminex’ or the ‘Company’) provides the following announcement regarding its reserves in the USA and volumetric calculations in connection with its ‘Nyuni’ project, offshore Tanzania. USA. Proved reserves (1P) of 2.5 million barrels oil equivalent net to Aminex, valued at $49 million. Tanzania. Nyuni PSA – 278 billion feet gas in place […]

  • 13 September 2011
    Business & Finance

    Aminex announces the following further reorganisation of its Tanzanian exploration portfolio:  Aminex and Key Petroleum Ltd. (‘Key’) currently participate 50-50 in the West Songo-Songo Production Sharing Agreement (‘PSA’) in Tanzania, with Key as the operating partner. Progress has been slow to date and the work programme is behind schedule, creating uncertainty about the future of […]

  • 21 May 2012
    Business & Finance

    Bounty Oil & Gas NL has announced an update on the Nyuni Area PSA and the Kiliwani North development, following an announcement to LSX by the operator, Aminex PLC. Bounty holds a 5% participating interest in both projects. The expanded Nyuni Area PSA was issued to the joint venture in October 2011 and comprises onshore, […]

  • 21 May 2012
    Business & Finance, Operations & Maintenance

    Bounty Oil & Gas NL (“Bounty”) announces an update on the Nyuni Area PSA and the Kiliwani North development, following an announcement to LSX by the operator, Aminex PLC. Bounty holds a 5% participating interest in both projects. The expanded Nyuni Area PSA was issued to the joint venture in October 2011 and comprises onshore, […]

  • 27 May 2011
    Business & Finance

      Bounty Oil & Gas NL (“Bounty”) announced an update on the planned Nyuni 2 appraisal well, the Nyuni Block and Kiliwani North Gas Field developments,Tanzania. Nyuni 2 Apraisal Well Bounty expects the Nyuni 2 well to spud around 8 June 2011. Shareholders will be advised further on progress closer to the expected spud date. […]

  • 29 June 2012
    Business & Finance, Project & Tenders

    Aminex PLC (‘Aminex’), an independent oil company listed on the main market of the London and Irish Stock Exchanges with exploration and development assets in the emerging hydrocarbon province of East Africa, today announces an update on the current 2D seismic transition zone survey within the Nyuni Area PSA (“Nyuni Area”), offshore Tanzania. As previously […]

  • 29 June 2012
    Business & Finance, Operations & Maintenance

    Aminex PLC (‘Aminex’ or the ‘Company’), an independent oil company listed on the main market of the London and Irish Stock Exchanges with exploration and development assets in the emerging hydrocarbon province of East Africa, today announces an update on the current 2D seismic transition zone survey within the Nyuni Area PSA (“Nyuni Area”), offshore […]

  • 3 September 2014
    Business & Finance, Operations & Maintenance

    Aminex PLC, an independent oil and gas company, has announced today its interim results for the six months ended 30 June 2014. FINANCIAL HIGHLIGHTS – Fully funded to execute current work programme; – $15 million equity issue successfully completed; – Sale of Aminex USA completed since period end; – $8 million working capital facility extended – Loss for period $4.74 […]

  • 30 May 2012
    Business & Finance, Operations & Maintenance

    Aminex PLC, an independent oil company listed on the main market of the London and Irish Stock Exchanges with exploration and development assets in the emerging hydrocarbon province of East Africa, announces commencement of a 335 kilometre 2D seismic survey in the Nyuni Area Licence, offshore Tanzania. The survey will target the transition zone (shelf […]

  • 16 March 2015

    Aminex has announced that the Tanzanian authorities have agreed to the deferral of a two well drilling commitment on the Nyuni Area PSA, which was due to be completed by the end of October 2015, into the four-year First Extension which expires October 2019. The deferral is conditional on an Environmental Impact Assessment, which has […]

  • 30 May 2012
    Business & Finance

    Aminex PLC (‘Aminex’ or the ‘Company’), an independent oil company listed on the main market of the London and Irish Stock Exchanges with exploration and development assets in the emerging hydrocarbon province of East Africa, today announces commencement of a 335 kilometre 2D seismic survey in the Nyuni Area Licence, offshore Tanzania.  The survey will […]

  • 17 June 2011
    Business & Finance

    Bounty Oil & Gas NL  announces that the Nyuni 2 well in the Nyuni Block, Tanzania was expected to spud around mid day today East Australia Time. Nyuni 2 Apraisal Well Nyuni 2 is being drilled with the Caroil 6 drilling rig from the same lease location on Nyuni Island as the Nyuni 1 well […]

  • 29 August 2011

      Bounty Oil & Gas NL  advises progress on the Nyuni-2 well, currently being drilled from Nyuni Island in the Nyuni Block, off the coast of Tanzania in the Indian Ocean. Nyuni 2 Exploration Well Nyuni 2 is being drilled from the same lease location on Nyuni Island as the Nyuni 1 well drilled by […]

  • 26 September 2018
    Business & Finance

    Moody’s affirmed Aa1 ratings for PSA International and PSA Corporation’s Aa1 issuer rating.

  • 6 October 2011
    Business & Finance, Project & Tenders

    Aminex PLC (‘Aminex’ or the ‘Company’) announces that it has suspended further work on the Nyuni-2 exploration well in offshore Tanzania due to extreme drilling conditions. As previously announced, the Nyuni-2 well had been drilled to 3,450 metres measured depth and cased to 2,945 metres. However, it was not possible to run a full suite […]

  • 16 March 2011
    Business & Finance

      Aminex 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 […]

  • 16 September 2011
    Business & Finance, Project & Tenders

    Aminex PLC (“Aminex” or the “Company”) provides the following update on progress at its Nyuni-2 well, offshore Tanzania.  After successfully mastering the most difficult of the anticipated drilling zones in the well, several days have now been spent attempting to clear rubber debris from a number of centralisers which broke away from a wireline logging […]

  • 7 June 2012
    Business & Finance

    The PSA Group received four honours at the 26th Asian Freight & Supply Chain Awards (AFSCA) ceremony held in Shanghai on June 5: PSA International (PSAI) for ‘Best Global Container Terminal Operation Company’ (for the seventh time);  PSA Singapore Terminals for ‘Best Container Terminal – Asia (over 4 million TEUs per annum)’ (for the 23rd […]