Summary


  • Full cycle upstream company
  • Regional gas strategy underpinned by strong gas demand growth and fixed pricing
  • Large multi TCF resource base
    • 7.0+ TCF* across portfolio (mean GIIP)
  • Farm out agreement agreed over Ruvuma to fully carry Company through to material levels of cashflow**
Development Focus (Ruvuma PSA)
  • 25 year Development Licence applied for over Ntorya Area
  • 763 BCF 2C Resource within the Ntorya development area***
  • Extension over Mtwara Licence is supported by TPDC and PURA pending approval by Ministry
Production Focus (Kiliwani North Development Licence)
  • Licence expires 2036 with no further commitments
  • The company is preparing for a low cost remediation of the Kiliwani North-1 well in order to restart production
  • Existing gas sales agreement and gas plant with capacity to tie in any new wells
Exploration Focus (Nyuni Area PSA)
  • Company focussed on structural and stratigraphic targets in shallow water close to existing infrastructure
  • Multi TCF resources have been identified and the area is adjacent to large and significant producing gas fields
  • Potential to combine seismic programmes with Kiliwani North in order to spread costs between programmes
*  as per previous Competent Person’s Report, reports and internal estimates
** based on Kiliwani North Gas terms
***  RPS 2018 Competent Person’s Report

Aminex PLC is a public limited company incorporated in Ireland.

Registered number: 72399

Registered address: Paramount Court, Corrig Road, Sandyford Business Park, Dublin 18, D18 R9C7

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