Aminex drills KN-1 offshore Tanzania

March 17, 2008
Aminex has drilled the Kiliwani North -1 (KN-1) well, offshore Tanzania in the Nyuni/East Songo-Songo licence area.

Offshore staff

LONDON -- Aminex has drilled the Kiliwani North -1 (KN-1) well, offshore Tanzania in the Nyuni/East Songo-Songo licence area.

KN-1 has intersected a gas column in Lower Cretaceous sandstones, the same reservoir that produces gas commercially in the neighboring Songo-Songo gas field. The vertical well was drilled to a depth of 2,030 m (6,687 ft). KN-1 will be completed as a gas production well pending hook-up for production. A test will be conducted to determine flow capacity and reservoir properties.

According to the company, further appraisal drilling will be required to define the extent of this discovery. Preliminary evaluation indicates a gas-water contact approximately 30 m (98 ft) deeper than at Songo-Songo. This deeper gas/water contact indicates that KN-1 discovery may be a separate structure to Songo-Songo and enhances the prospectivity of the remaining leads and prospects within the Nyuni licence, says Aminex.

KN-1 also encountered minor oil shows in the Neocomian reservoir section, as well as confirming the presence of potential reservoirs in the Tertiary section at an earlier stage in the well.

"KN-1 is a totally new, deep structure which opens up several avenues for further exploration on the licence and strengthens the case for oil on the East African margin," says Brian Hall, Aminex chairman. "This frontier area, where we were an early pioneer, is now the subject of strong industry interest."

03/17/2008