Scandinavian Oil-Gas Magazinehttp://www.scandoil.com/moxie-bm2/by_province/africa/aminex-agrees-disposal-of-3825-interest-in-kiliwan.shtmlAminex agrees disposal of 3.825% interest in Kiliwani North to Solo OilAminex PLC has reached an agreement with Solo Oil plc for the disposal of a final 3.825% interest in the Kiliwani North Development Licence for a cash consideration of $2.16 million.
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Edit page New page Hide edit links Aminex PLC has reached an agreement with Solo Oil plc for the disposal of a final 3.825% interest in the Kiliwani North Development Licence for a cash consideration of $2.16 million. Solo currently holds a 6.175% interest in the KNDL. This has been adjusted following the exercise of a 5% back-in right by the Tanzania Petroleum Development Corporation. |