Aminex Provides Ruvuma Farm-Out Update

Source: www.gulfoilandgas.com 8/28/2020, 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 August 2020 to 30 September 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, Chief Executive of Aminex commented:
“It has taken longer than anticipated to obtain the final approval to the Farm-Out from the Government. The Company is doing everything it can to obtain final Government approval of the Farm-Out. In the meantime, we are grateful for ARA’s continued support to the Company.”


Nigeria >>  7/1/2022 - ADM Energy PLC, a natural resources investing company, provides an update on the legal proceedings in respect of its interest in the Barracuda oil fie...
Norway >>  7/1/2022 - Rex International Holding Limited (“Rex International Holding”, “Rex” or the “Company”, and together with its subsidiaries, the “Group”), a technology...

Norway >>  7/1/2022 - The farmin agreement with OMV (Norge) AS ("OMV"), which was first announced on May 9, 2022, has now been concluded, according to Longboat Energy, an u...
Nigeria >>  6/30/2022 - Reference is made to previous stock exchange releases by PetroNor E&P ASA (“PetroNor") regarding the acquisition of Panoro Energy ASA’s (“Panoro”) int...

United States >>  6/30/2022 - U.S. Energy Corp. has entered into an agreement (the “Agreement”) to acquire operated oil and gas producing properties in an all-cash transaction (the...
Tanzania >>  6/29/2022 - Wentworth, the independent, Tanzania-focused natural gas production company, is pleased to provide an update on its agreement with Scirocco Energy plc...




Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.