Epic : AEX

Aminex PLC is an established upstream oil and gas company, listed on the London and Irish Stock Exchanges, which has operated internationally since 1991.

Aminex produces oil and gas in the USA and has ongoing exploration activity in Tanzania, North Korea. Madagascar, Kenya and Egypt. Aminex also owns AMOSSCO Ltd, an international oilfield service, supply and logistics company.


Main Web Site : http://www.aminex-plc.com

Amossoco Web Site : http://www.amossco.com/

Dec 2007 Company Presentation : Link to PDF File



Sept 07 - Operations Detail & Update : In post 2

28th Sept 07 - Oil Barrel Write Up : In post 6

North Korea Info : In post 3

Planned Drilling :

Commencing late Oct 07 (or early Nov) - Kiliwani-1 - Tanzania
to be followed by second Tanzania well.

Commencing Nov 07 - West esh el Mellahah Block 2 - Egypt



* Note : AEX is fully listed (not AIM) and so can be ISA'd


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mnamreh, yes they have but there are 2 company making drills up now, the first is ongoing at Nyuni and then followed by Likonde.

For all its underperformance it could over perform if things go well.

I am holding again.

Bounty quarterly report out (to 30th June 2011).

http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode&asxCode=BUY

June 17 spud.

June 30 is end of quarter, and they were at 1144M where TD is 3325M.

So 13 days for 1144M or averaging 88M per day.

Now, we are 30th July, or 30 days past the end of the quarter (1st April to 30th June)


Given the excellent progress between 17th June and 30th June as reported by Bounty that would mean its looking good for news mid August IMO.

Glad I got some more AEX this morning at just over 5.3p levels.

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Its a much better price than my average, which is a little higher.

All it needs now is good news from the gas well at Nyuni.

If 40BCF is worth 1p a share and this well is targeting 800BCF then it goes to suggest a gas find will have a very big impact on the valuation of Aminex.

Will start a new AEX thread so I can keep the header up to date.

LoL - You mean you've lost your PapalPower password or an excuse to start another ramp?

What's the point of starting another thread......ridiculous ?....this is a good'un but this looks like blatant ramping to me and I hate that....