RNS Number : 9422V
  Aminex PLC
  04 June 2008
   

    4 JUNE 2008

    AMINEX PLC

    RESULT OF WELL TEST

    Kiliwani North-1 well tests gas 40 million cubic feet/day

    Aminex PLC, the oil and gas company listed in London and Dublin ("Aminex" or the "Company") announces a successful well test at the
Kiliwani North-1 well in Tanzania.  

    Initial results from the test have established:

    *     A strong stabilised flow of gas at a rate of 40 million cubic feet/day, equivalent to 6,700 barrels of oil per day, through a
72/64ths" choke;

    *     Strong flowing wellhead pressures;

    *     Condensate of one barrel per million cubic feet; 

    *     No CO2 or H2S impurities.

    Aminex Chairman Brian Hall said:  

    "This is an excellent test result, in excess of our expectations, and will enable us to accelerate appraisal and commercialisation of
the KN-1 discovery which was announced to shareholders in March.  It further justifies our decision to go into the nearby Songo-Songo West
area, a new PSA for which was announced on 2 June."

    For further information:

    
 Brian Hall          Aminex PLC   London  020 7291 3100
                                                       
 Archie Berens    Pelham PR       London  020 7743 6679



    ENDS

This information is provided by RNS
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