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Aminex Provides Ruvuma Farm-Out Update

Source: www.gulfoilandgas.com 7/30/2020, Location: Africa

Aminex announces that the parties to the Ruvuma Farm-Out Agreement have agreed to extend the long stop date for satisfaction of the conditions to the Farm-Out from 31 July 2020 to 31 August 2020. Aminex and ARA Petroleum Tanzania Limited ("APT") continue to work closely with the Tanzanian Government to obtain approval for the Farm-Out.

Robert Ambrose, Executive Chairman of Aminex commented:
"We are grateful for ARA Petroleum's continued support to the Company as we all strive to close the Farm-Out."

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