Aminex PLC Corporate Update (0308J)
April 01 2015 - 2:00AM
UK Regulatory
TIDMAEX
RNS Number : 0308J
Aminex PLC
01 April 2015
Aminex plc
("Aminex" or "the Company")
Corporate Update
Regional Pipeline Complete
Notice of Results and Date of AGM
Aminex's preliminary results for the year ended 31 December 2014
will be released on 14 April 2015 and the Annual General Meeting
will be held in Dublin on 20 May 2015. Further details for the
Annual General Meeting will be published in the Notice of Meeting
in due course.
The Company has been informed by the Tanzanian Petroleum
Development Corporation ('TPDC') that the new regional pipeline to
Dar es Salaam is now complete and hydrostatic pressure testing will
begin shortly. The construction of the processing plant on Songo
Songo Island is approximately 95% complete and it is anticipated
that the main pipeline contractor will hand over the management of
the infrastructure including the processing plants to TPDC late Q3
2015.
Based on this indicative timetable from TPDC and the continuing
progress with the Gas Sales Agreement, the Company expects
commercial production will commence mid-year, with stabilised
production rates achieved in the Q3 2015.
For further information:
Aminex PLC +44 20 7291 3100
Jay Bhattacherjee, Chief
Executive Officer
Max Williams, Chief
Financial Officer
Corporate Brokers
Shore Capital Stockbrokers-Jerry
Keen +44 20 7408 4090
Davy Corporate Finance-Brian
Garrahy +35 3 1679 7788
GMP Securities Europe
LLP-Rob Collins +44 20 7647 2816
Yellow Jersey PR (Financial
PR) +44 7768 537 739
Dominic Barretto
Kelsey Traynor
This information is provided by RNS
The company news service from the London Stock Exchange
END
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