Feb 17, 2011

Aminex Provides Oil & Gas Reserves and Resources Update



Aminex PLC 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 on a contingent resources basis and 2.54 trillion feet gas in place on a prospective resources basis.
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Source: OilVoice

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