Aminex lifted by Tanzania find
Aminex shares lifted as much as 10 per cent yesterday after the oil explorer said it made a gas discovery at the Ntorya-1 exploration well in Tanzania, along with partner Solo Oil. The company has discovered a three metre net gas bearing pay zone in its Ruvuma basin onshore in Tanzania and a 16.5 metre thick lower interval with further possible gas pay. The discovery is in the same basin as a find from Cove Energy, which was last week subject to a bid by Shell.