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SOLO OIL, Tanzania Test Results, Ntorya-1 flows 20 million cubic feet per day of gas and liquids
Solo today announces significant results from the flow testing of the Ntorya-1 well at its discovery in the Ruvuma Basin onshore in southern Tanzania.

The well flowed gas at a measured rate of 20.1 million cubic feet per day (equivalent to 3,350 barrels of oil per day) through a 1" choke, with an estimated additional 140 barrels per day of 48 degrees API condensate. Original reservoir pressure was indicated at 5,424 psi and only small quantities of formation water were produced.

The uppermost 3.5 metres of the gross 25 metre (80 feet) sand interval was perforated and the well was flowed on several choke sizes from 16/64ths to 64/64ths of an inch over extended intervals during the last four days with corresponding shut-in periods to acquire pressure build-up data. Samples were also taken for further analysis which with the pressure data will assist in designing a future development programme.

The successful testing will now be followed by a programme of seismic acquisition later in the year in order to gain a fuller understanding of the size of this discovery and to identify further drilling targets. An independent reserves report on the Ruvuma PSA, commissioned in April following the discovery, is nearing completion and the findings of that report will be issued shortly.

Participants in the Ruvuma PSA are: Ndovu Resources Ltd (Aminex) 75% (operator) and Solo Oil Plc 25%.

date.png28 Jun 2012 08:49 | comments.png 0 Comments | tags.png africa aminex solo tanzania upstream [ More ]

Ntorya-1 Update
Aminex PLC (‘Aminex’ or the ‘Company’), an independent oil company listed on the main market of the London and Irish Stock Exchanges with exploration and development assets in the emerging hydrocarbon province of East Africa, today announces the completion of drilling operations and an update on plans for testing the gas discovery made in the Ntorya-1 well in the Ruvuma Basin onshore in southern Tanzania.

date.png02 May 2012 09:24 | comments.png 0 Comments | tags.png africa aminex solo tanzania upstream [ More ]

Drilling Update Ntorya-1, Tanzania
Solo today announces a further update ondrilling at the Ntorya-1 discovery well in the Ruvuma Basin onshore in southern Tanzania.

date.png03 Apr 2012 08:08 | comments.png 0 Comments | tags.png africa aminex solo tanzania upstream [ More ]

Ntorya-1 Drilling Update
Solo Oil plc today provides an update on the drilling of the Ntorya-1 exploration well in the Ruvuma Basin onshore in Tanzania.

On the 7 February 2012 it was announced that the drilling had been temporarily suspended at a depth of 2,500 metres pending further evaluation. The evaluation of the intermediate logging data has been completed and it has been decided to continue drilling. An additional target has been identified on the seismic data at a depth of approximately 2,750 metres and the well will now be deepened to test that objective.

Drilling operations have restarted and it is expected that the new target will be reached within a week.

Tullow Tanzania B.V. has not elected to participate in the well deepening activities which will be undertaken by Ndova Resources Limited (Aminex) and Solo. The cost will be shared in proportion to their existing interests.

date.png13 Feb 2012 06:52 | comments.png 0 Comments | tags.png solo tanzania tullow upstream [ More ]

Solo Tanzania Update
Solo Oil plc today announces completion of the assignment of additional interests in the Ruvuma Basin PSA in Tanzania from Tullow Tanzania BV ("Tullow").

date.png07 Oct 2011 06:17 | comments.png 0 Comments | tags.png solo tanzania tullow upstream [ More ]
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