Aminex in its operational update for the Ruvuma PSA and the Kiliwani North Development Licence announced that an independent assessment of the Caroil 2 drilling rig has been completed and the Ntorya-2 appraisal well is now expected to be drilled in mid-December.

The Ntorya-2 well where the company has a 75% operated interest is situated 1,500-metre from the Ntorya-1 discovery which flow-tested gas at 20 Mmcf/d, with 139 barrels of associated condensate, from a 3.5-metre sand interval. The Ntorya-2 well is anticipated to test the up-dip part of the same channel complex as the Ntorya-1 discovery well and initial results are expected by early 2017.

Furthermore, the Company says it has now completed all essential civil works for the next well, Ntorya-3 site. Ntorya-3 is expected to be drilled after Ntorya-2, but the programme may change contingent on the results at Ntorya-2.

Proceeds from the Kiliwani North gas sales to the Tanzania Petroleum Development Corporation (TPDC) have been established, Energy-pedia reports.

According to Aminex, the gas was sold at $3.00 per Mmbtu from the wellhead, meaning that the company does not have to pay for transportation costs. The Company added that the agreed gas price is not in any way related to the global commodity prices, so it is not affected by the changing market conditions.

Anita Fatunji