AEX - AMINEX - Share Chat
Aminex is an AIM-listed upstream oil and gas company with a primary focus on East Africa. Its core asset is a significant non-operated interest in the Ruvuma Production Sharing Agreement in Tanzania, which hosts the high-impact Ntorya gas discovery.
The company’s strategy revolves around monetising Ntorya, a major gas resource earmarked for Tanzania’s domestic energy market. Aminex has strategically farmed out a majority stake to ARA Petroleum Tanzania (APT), which now operates the block and funds the ongoing development programme, including the drilling of appraisal and development wells. This partnership aims to bring Ntorya into commercial production, unlocking substantial value for shareholders through a low-cost, capital-efficient development pathway.
Chat about AMINEX
Aminex (AEX) – anyone watching? The Ntorya gas project in Tanzania seems to be progressing, with GSA negotiations nearing completion. What are your thoughts on the recent updates? Is this finally the catalyst we've been waiting for, or do concerns remain regarding the timelines and ultimate value? Keen to hear perspectives on its potential!