Aminex says farm-out, loan talks ongoing

Exploration group Aminex said it has launched the process of farming out a working interest of up to 37.5 per cent in its Ruvuma production sharing agreement in Tanzania.

19th November, 2012
Aminex says loan negotiations are ongoing

Exploration group Aminex said it has launched the process of farming out a working interest of up to 37.5 per cent in its Ruvuma production sharing agreement in Tanzania.

The company, which has a 75 per cent stake in the agreement, will open a data room this week for interested parties.

The company also said the deep water and transition zone seismic in the Nyuni area was planned for early 2013.

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