6th Oct 2022 08:42
Aminex PLC - Leeds, England-based oil & gas investment company focused on Tanzania - Last Friday said operations in Tanzania progress as posted interim results. In the half-year ended June 30, pretax loss narrows to USD1.3 million from USD1.6 million a year prior. Revenue drops to USD26,000 from USD86,000. Cost of sales narrows to USD129,000 from USD308,000. Firm expects seismic full acquisition of data regarding Ruvuma operation in Tanzania to be completed soon. Spudding of Chikumbi-1 on schedule to start in November. Read More