The energy company has raised £2.9 million through a strategic placing to fund its Ntorya gas project in Tanzania. The raise was made at a 14.3% discount to the previous closing price, suggesting low investor appetite.
The oil and gas explorer reports progress on its key Tanzanian project, entering the construction phase. However, financial challenges persist with increased losses and going concern uncertainties.
The oil and gas company provides an update on the development of its Ntorya gas project in Tanzania, highlighting progress on pipeline construction, condensate processing, and upcoming drilling activities.
The oil and gas company announces progress on its Ntorya Gas Development project in Tanzania, with pipeline construction set to begin and plans for further drilling and well optimization.
The oil and gas company has been awarded a contract to build a pipeline connecting its Ntorya gas field to a processing plant, a major step towards commercializing the asset.
The oil and gas exploration company Aminex PLC has announced details of its upcoming Annual General Meeting.
The energy company has published its annual report for the previous year.
The energy company has secured a 25-year licence for its Ntorya gas field in Tanzania and is preparing for first production, with a pipeline construction contract expected soon.
The energy company announces progress on the Ntorya gas field development in Tanzania, including pipeline construction and an expanded production plan, positioning the project for future growth.
The oil and gas explorer reported progress on its Ntorya project, including a gas sales agreement and development licence, but faced an increased half-year loss and ongoing regulatory challenges.