Aminex to commission deepwater Nyuni 3D seismic survey offshore Tanzania

Aminex and its partners plan to focus their efforts on the deepwater portion of the Nyuni Area PSA offshore Tanzania following a detailed technical review.

Offshore staff

LONDON – Aminex and its partners plan to focus their efforts on the deepwater portion of the Nyuni Area PSA offshore Tanzania following a detailed technical review.

The company has applied toTanzania’s Petroleum Development Co. to vary the Nyuni Area work program for the shallow-water seismic obligation, originally planned for this year, to be converted to deepwater 3D seismic in the outboard sector of the PSA area.

Here Aminex has identified a large potential prospect that appears to be analogous to some of the recent major deepwater gas discoveries in neighboring blocks. It plans a tender process for a contractor to acquire 3D data over the Pande West lead and to identify other potential drill-ready prospects.

However, a larger farm-in partner will be needed to help share the costs of anydeepwater drilling. Current participants in the Nyuni Area PSA are Aminex subsidiary Ndovu Resources (70%, operator), RAK Gas (25%), and Bounty Oil & Gas (5%).

09/02/2014

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