Exploration & Production

Aminex still in talks over Ntorya farm-out

UK-listed Aminex Resources has announced it is still in discussions to farm out a stake in its Ntorya concession in Tanzania to Eclipse Investments
By Staff reporter 10 April 2018 0 30353

UK-listed Aminex Resources has announced it is still in discussions to farm out a stake in its Ntorya concession in Tanzania to Eclipse Investments, an affiliate of Zubair Corp., which holds 29.9% of the shares in Aminex.

The company previously said it was looking to offload 75% of its stake in Ntorya.

Aminex added that it is close to tendering for a rig to drill the Chikumbi 1 exploration well (the new name for its Ntorya 3 well)...