Agence Ecofin TikTok Agence Ecofin Youtube Agence WhatsApp

Exploration

Aminex finally begins the spudding of Ntorya-2 in Tanzania

Friday, 23 December 2016 17:02

(Ecofin Agency) - Aminex has announced the commencement of drilling on the Ntorya-2 appraisal well in the Ruvuma Basin in Tanzania.

We are delighted to have commenced the drilling of the Ntorya 2 appraisal well in the Ruvuma Basin. Aminex is one of the few oil and gas companies actively drilling in East Africa and this a very exciting time for the Company,” Jay Bhattacherjee, CEO of Aminex said.

The appraisal well is being drilled to an estimated total depth of 2860 metres and is aiming for the same channel complex as Ntorya-1 but further updip. The well location is a 1,500-metre step-out from the Ntorya 1 discovery which flow-tested gas at 20Mmcf/d, with 139 barrels of associated condensate, from a 3.5-metre sand interval, Oil News Kenya reports.

We are delighted to have confirmation of the start of drilling at the Ntorya-2 appraisal well in the Ruvuma Basin. This low risk step-out from the discovery well is anticipated to provide significant encouragement for the development of the field and the results are eagerly awaited,” Neil Ritson, Solo Oil’s Chairman commented.

Aminex owns a 75% operating interest in the well while Solo Oil holds a 25% non-operating interest. Initial results from the well are expected by early 2017.

Anita Fatunji

 
Finance


 
Mining


 
Telecom


 
Public Management


ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

AGENCE ECOFIN
Mediamania Sarl
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11

EDITORIAL TEAM
redaction@agenceecofin.com

ADVERTISING SALES
Benjamin FLAUX
bf@agenceecofin.com
Tél: +41 22 301 96 11
Mob: +41 78 699 13 72

 

Please publish modules in offcanvas position.