Tuesday, July 5, 2016

Kiliwani well (Aminex LON.AEX) commissioning going 'extremely well': ProactiveInvestors Stocktube

Published on 5 Jul 2016
Gas production at Kiliwani North has reached 30mln cubic feet per day as the ramp up phase of the field in Tanzania quickens. 

The rate, which equates to 5,000 barrels oil equivalent per day, is a very good rate of production for Aminex (LON.AEX) chief executive Jay Bhattacherjee told Proactive, but a well test next month will see if this flow rate can be pushed even higher.

Kiliwani will provide cashflow while Aminex develops the potential of the Ruvuma licence, also in Tanzania, which is much larger than Kiliwani and has the potential to be ‘something special’ says Bhattacherjee.



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