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Kiliwani North-1 well tests gas 40 million cubic feet/day




Aminex PLC, the oil and gas company listed in London and Dublin ("Aminex" or the "Company") announces a successful well test at the Kiliwani North-1 well in Tanzania.




Initial results from the test have established:




A strong stabilised flow of gas at a rate of 40 million cubic feet/day, equivalent to 6,700 barrels of oil per day, through a 72/64ths" choke;




Strong flowing wellhead pressures;




Condensate of one barrel per million cubic feet;




No CO2 or H2S impurities.




Aminex Chairman Brian Hall said:




"This is an excellent test result, in excess of our expectations, and will enable us to accelerate appraisal and commercialisation of the KN-1 discovery which was announced to shareholders in March. It further justifies our decision to go into the nearby Songo-Songo West area, a new PSA for which was announced on 2 June."

PK