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


.

And Nighthawk !

And FRR, and TLW and DGO, euhhh!, quite a few others !

http://www.rte.ie/business/2008/morningrep/download/0208davy.pdf

>>>>>>> "According to announcements by Key Petroleum and Bounty, Aminex's two junior Australian partners in the Kiliwanai-1 well just offshore Tanzania, the well is just above the target reservoir. The outcome of the well should be known shortly.

More generally, the prospectivity of Tanzania is attracting increased attention. This also applies to the northern region of Mozambique immediately to the south.

Mutsui has just announced a 20% farm-in to the offshore block 1 in the Rovuma
Basin held by Anadarko. Meanwhile, Artumas, which holds the Mnazi Bay gas field
in southern Tanzania, has reported that chemical analysis of samples taken from
drilling in mid-2007 shows that that there is definite potential for an oil prone system in the Rovuma basin. This potential is present in younger age 'tertiary rocks' and is important because earlier analysis favoured a gas prone region.

Aminex and Tullow have equal shares in a licence on the Tanzanian side of the
Rovuma Basin. Seismic was completed in 2007." <<<<<<

Aminex PLC
11 February 2008

AMINEX PLC

TANZANIA DRILLING UPDATE

11 February 2008

Aminex PLC, the oil and gas company listed in London and Dublin, ('Aminex')
provides the following report on the end of drilling of Kiliwani -1, the first
of its current two well programme in Tanzania.

Drilling of Kiliwani-1 is now complete at a total measured depth of 2,570
metres. A number of sands were encountered over the target section in the well
together with background gas. Electric wire-line logging and pressure sampling
have been extensively performed over these intervals but initial results
indicate that the primary Neocomian target does not warrant further
investigation at this location as no commercial hydrocarbons were identified.
Kiliwani-1 will now be plugged and abandoned

I'm staying put in this stock, plenty more wells to be drilled yet !

http://www.asx.com.au/asxpdf/20080215/pdf/317gfn5j4pxpw3.pdf

ASX and Media Release

Friday 15th February 2008

TANZANIA DRILLING PROGRAMME

KILIW ANI NORTH #1-START OF OPERATIONS

Key Petroleum (ASX code: KEY) provides the following update relating to the end of drilling of Kiliwani #1, and commencement of Kiliwani North #1, the second of its two well programme in Tanzania.

Operations on Kiliwani North #1, approximately 2 km from the producing Songo Songo gas field, are due to commence at the end of the month. The rig from the plugged Kiliwani #1 well was released at 18:00 hrs on 13th February 2008 and is being relocated to Songo Songo island, via the causeway previously constructed by the joint venture between the two islands of Kilwani and Songo Songo. A drilling pad has already been prepared and it is expected that relocation and preparation for commencement of drilling will take approximately 12 days.

Kiliwani North #1 will be drilled as a vertical exploration well to a depth of approximately 2175 metres. It is designed to intersect a possible new oil play in the Nyuni block and will also investigate the Lower Cretaceous sand stones, which are the reservoirs at the Songo-Songo producing gas field. It is expected that it will take approximately 35 days to drill and evaluate. A further announcement in relation to the drilling of Kilwani North #1 will be made when the drilling of the well commences.

Key Petroleum's managing director / CEO Ken Russell said, "A positive result at Kiliwani North #1 will open up a new oil play that has potential impact throughout the Nyuni Block and the surrounding area.",

"Key is also actively working on its various other projects, such as those in Italy as well as evaluating new projects which will ensure growth for the company follow ing the end of the two well Tanzanian programme". Mr. Russell said.

Participants in the Kiliwani #1 well with Key Petroleum Ltd (20%) are:

Ndovu Resources Ltd. (Aminex) 39% (Operator)
RAK Gas Commission 25%
East African Exploration Ltd. 10%
Bounty Oil and Gas NL 6%

Aminex PLC
25 February 2008

25 FEBRUARY 2008





AMINEX DRILLING UPDATE


TWO NEW WELLS NOW SPUDDED


Aminex PLC ('Aminex' or the 'Company') announces that two further wells in its
current programme have been spudded over the last three days.


In Tanzania the Kiliwani North-1 well ('KN-1') commenced drilling on Saturday 23
February from Songo-Songo Island offshore Tanzania using the Caroil-6 land rig.
The well is located roughly 2 km from the producing Songo-Songo gas field in the
southern part of the island and will be drilled as a vertical exploration well
to a depth of approximately 2,000 metres. KN-1 has been designed firstly to
intersect a possible new oil play for the Nyuni block in Palaeocene sands and
secondly to investigate the Lower Cretaceous (Neocomian) sand stones which are
the reservoir at the Songo-Songo producing gas field.


Moving the rig from Kiliwani Island to Songo-Songo Island and rig-up has been
achieved well ahead of the provisionally estimated time and experience gained
from the last well drilled will be put to good use during the drilling of KN-1.


Participants in KN-1 well are:

Ndovu Resources Ltd. (Aminex) 39% (Operator)

RAK Gas Commission 25%

Key Petroleum Ltd. 20%

East African Exploration Ltd. 10%

Bounty Oil and Gas NL 6%


In Egypt the Malak-1 well in West esh el Mellahah Block 2 ('WEEM-2') commenced
drilling on Friday 22 February using the ZJ-46, a new-build 2,000 HP rig
recently arrived in Egypt, owned and operated by the Shengi-Bohai Drilling
Company of China. This vertical well is located on the Malak prospect and will
be drilled to a total depth of 3,800 metres which is expected to take
approximately 30 days. Malak-1 will be immediately followed by a second well
using the same rig. Depending on well results, a third and further wells could
be drilled immediately after completion and testing of the first two. The joint
venture participants are Aminex Petroleum Egypt Ltd. (operator, 80%) and
Groundstar Resources Ltd. (20%). Shareholders with Aminex PLC in Aminex
Petroleum Egypt Ltd. are Volant Petroleum, First Energy, Sinopex and FS
International Corporation. Aminex PLC has a 10% beneficial interest in the
WEEM-2 permit which is free-carried by other interest holders through to first
commercial production.


WEEM-2 is in the onshore part of the highly productive Gulf of Suez region,
close to the coastal town of Hurghada. The ZJ-46 rig is available to the joint
venture on a call-out basis for an eighteen month period.


Aminex chairman Brian Hall commented: 'After many months of careful
preparation, these two important wells have coincidentally been spudded within
24 hours of each other and should take approximately the same time to drill.
Aminex is currently involved in a major drilling campaign for which new funds
were raised in 2007. Shareholders will be kept advised of significant events.
A map of the WEEM-2 area showing the Malak-1 location will be posted on the
Company's website in the near future' .



For further information:


Brian Hall Aminex +44 20 7291 3100

Archie Berens Pelham PR +44 20 7743 6679



ENDS


This information is provided by RNS

One day there will be a surprise announcement about AEX to drill in North Korea, (relations improving with the west!), and that will help the sp no end.

Ozzie stocks are halted pending news, and it looks like Aminex will soon be releasing good news to its holders :

http://business.timesonline.co.uk/tol/business/industry_sectors/article3564089.ece

Three London-quoted oil and gas companies will announce deals in East Africa today. Dominion Petroleum and Soco International will announce a joint venture with the Democratic Republic of Congo's state oil company. Aminex will say that it has found substantial gas reserves in Tanzania

http://www.asx.com.au/asxpdf/20080317/pdf/31833g80hwg7jn.pdf

ASX Release

Monday 17th March 2008

KILIWANI NORTH #1- A SUCCESS - GAS DISCOVERY

Key Petroleum Ltd's (ASX code: KEY) Kiliwani North #1 well has intersected a gross gas column of 60 metres, in Neocomian sandstones, the same producing reservoir as in the nearby Songo Songo gas field.

Electric logging and formation pressures taken within the well have confirmed the presence of gas.

The well has been drilled, ahead of schedule, to a depth of 2030 m RT (6,687 ft). (All reported depths are below the rotary table (RT) on the rig floor.)
The close proximity of Kiliwani North #1, approximately 2km, to the Songo Songo gas field means that the well will be completed as a future gas production well immediately following drilling.

Key Petroleum's managing director / CEO, Ken Russell said, "This success, which has exceeded our pre-drill expectations, is very pleasing for the Key Petroleum team."

"The fact that the well can be completed as a production well is very significant for a young company such as Key Petroleum. This well adds to our understanding of the area and provides us with substantial technical information to assist us in our investigations of the potential of the Nyuni block."

"The well has also confirmed the presence of potential sandstone reservoirs in the Tertiary section which may be a target in future wells."

"Further appraisal drilling will be required to confirm the actual size of the
Kiliwani North structure but Key Petroleum believes that this success enhances the prospectivity of the east coast of Tanzania."

"A number of companies, large and small, have begun to target this area in recent years. Key Petroleum is looking forward to further developing its presence in this area," Mr. Russell said.

Tremendous result with this well....the sp should fly this morning...at long last AEX has got it right...in up to my neck nearly in this one....interesting morning here !

Thank you PapalPower for all the info...it's really great...keep up the good work, thanks once again !

If this was VOG a few years ago what would people be saying ?....this could be biiiiiiig ....huuuugggge !

10% up so far, but you are right, its really good news here, lets hope they are right wth other drilling:)

Fernandesb...It's also the future possible discoveries that look very promising indeed !

required field what the schedule of future drillings?

Ahhhhhhhhh so we are waiting for Egypt now :)

We have drilling in Egypt going on as we speak (imagine what that will do for the sp if there is sucess at the first attempt) and there's more going on in the USA (I'll have to check that) and possible progress with North Korea and this morning's discovery which isn't even the primary target...did I hear the word gem mentioned !, and loads of extra drilling now to look forward to in Tanzania !

:) you seem to be well exited:) but so Am I :) Any vision of future sp if there is more good news?What is the shares potential here ?

At a guess...once these awful market conditions end, and with the brokers possibly upgrading their stance on this stock...at a guess we should see 30p plus...a lot of people just don't realise how good this little irish stock good be and it is possible to put it in an Isa as it is a London main market stock !...if there is (and there should be) more drilling sucess in Egypt...Tanzania...USA...well dare I suggest we could be heading up to the 40 or 50p mark...we shall see !