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Bullboard - Stock Discussion Forum Aminex Ord Shs AEXFF

Aminex PLC is an upstream oil and gas company. The Company is engaged in the exploration, appraisal, development, and production of oil and gas assets, reserves, and resources. The Company's segments include Producing Oil and Gas Properties, Exploration Activities, and Oilfield Services. Its asset portfolio includes Ruvuma PSA, Kiliwani North Development Licence, and Nyuni Area PSA. The Ruvuma... see more

OTCPK:AEXFF - Post Discussion

Aminex Ord Shs > Tanzania Upstream Outlook Shows Increased Activity in 2020
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Post by EastAfricaGuy on Feb 14, 2020 4:52am

Tanzania Upstream Outlook Shows Increased Activity in 2020

Source: https://oilnewskenya.com/tanzania-upstream-outlook-projects-increased-activity-in-2020/

The just released Tanzania Upstream Outlook for the Year 2020 shows there will be increased activity in both the exploration and development phases of the various ongoing and yet to start projects.

In exploration the outlook states that the Tanzania Petroleum Development Corporation will continue to be the major actor in seismic acquisition surveys expected in multiple licenses it operates most of which were set for 2019 but which have been pushed forward in 2020. In most of these licenses advertisement for tendering for environmental and social impact assessment and for contractors to provide seismic acquisition has already been concluded with the selection process underway.

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