logo-loader
LSE:AEX

Aminex PLC

Receive alerts
Market:
LSE
Market Cap:
£31.11 m
Price
0.83 GBX
Change
0.00%
52 weeks high
1.65
52 weeks low
0.00

Community

Aminex PLC believes that continuous improvement in the areas of Environment, Community and Safety is fundamental to ongoing sustainability and success.

The Company's good reputation as a corporate citizen has been achieved by:

  • Working closely with neighbours and co-occupiers of the land
  • Supporting local communities through sponsorship and resources
  • Providing public information about environmental, community, health and safety aspects of the business; and
  • Encouraging the services of local suppliers where possible

Aminex has strived to foster a lasting and tangible relationship with the local communities and stakeholder groups where it works, and is aware that in addition to regulatory operating approvals, the Company also requires community acceptance to operate and that this acceptance has to be earned.

Aminex is committed to working in an effective and collaborative manner with the local communities that co-exist with its operations.

To achieve this Aminex has and will continue to:

  • Establish and maintain positive and meaningful communication with all affected groups
  • Consult with the people whose land may be affected by its activities
  • Engage with relevant groups on various community projects

Aminex supports local community initiatives where possible. It is a supporter of WA Surgical Mission Tanzania (www.asanterafiki.com) and Australia Tanzania Young Ambassadors (www.youngambassadors.com.au). Aminex also contributes to community projects, such as schools and hospitals.

Tanzania

Summary

  • Full cycle upstream company
  • Regional gas strategy underpinned by strong gas demand growth and fixed pricing
  • Large multi TCF resource base
  • 7.0+ TCF* across portfolio (mean GIIP)
  • Farm out agreement agreed over Ruvuma to fully carry Company through to material levels of cashflow**

Development Focus (Ruvuma PSA)

  • 25 year Development Licence applied for over Ntorya Area
  • 763 BCF 2C Resource within the Ntorya development area***
  • Extension over Mtwara Licence is supported by TPDC and PURA pending approval by Ministry

Production Focus (Kiliwani North Development Licence)

  • Licence expires 2036 with no further commitments
  • The company is preparing for a low cost remediation of the Kiliwani North-1 well in order to restart production
  • Existing gas sales agreement and gas plant with capacity to tie in any new wells

Exploration Focus (Nyuni Area PSA)

  • Company focussed on structural and stratigraphic targets in shallow water close to existing infrastructure
  • Multi TCF resources have been identified and the area is adjacent to large and significant producing gas fields
  • Potential to combine seismic programmes with Kiliwani North in order to spread costs between programmes

*  as per previous Competent Person’s Report, reports and internal estimates
** based on Kiliwani North Gas terms
***  RPS 2018 Competent Person’s Report

London
Aminex Petroleum Services Limited
Kings Buildings
16 Smith Square
London, UK
SW1P 3JJ
Tel: +44 (0)20 3198 8415
Email: [email protected]
 


Tanzania
Ndovu Resources Ltd
Plot No. 431, Mahando Street
Msasani Peninsular
PO Box 105589
Dar es Salaam, Tanzania
Tel: +255 (0)22 2600814
Fax: +255 (0)22 2601809

John Bell

Chairman

John Bell is a Chartered Engineer with over 30 years’ experience in the energy sector having worked at Vice President or Managing Director level at BP, Statoil AS and Suncor Energy (Syria). He has spent a large part of his career in the Middle East, as well as time in North Africa, FSU, the Americas, the UK North Sea, Scandinavia and the Caribbean. Mr Bell has a First Class Honours Degree in Engineering from Strathclyde University in Scotland and studied Executive Leadership at Haas Business School, University of Berkeley California. Previous public company directorships include Gulfkeystone Petroleum, Tethys Petroleum and he is currently Managing Director of Gulfsands Petroleum.

 

Robert Ambrose

Executive Director

Robert Ambrose was formerly the Chief Operating Officer of The Zubair Corporation’s Energy & Logistics Division. He has a Petroleum Engineering Masters from Imperial College, London, and a Mechanical Engineering Honours Degree from Brunel University in the UK. He has over 30 years’ experience in the oil and gas industry, from downstream to upstream, covering many aspects of the supply chain and has experience in and held senior management roles involving the reservoir, well construction and production both onshore & offshore. He was appointed a non-executive director of Aminex in September 2019 and interim Chief Executive Officer in April 2020.

 

Linda Beal

Non-executive Director

Linda Beal is a Chartered Accountant and has over 30 years’ experience with PwC including over 16 years as partner, during which time she led services to various international resources groups and advised on many transactions. Linda was also a partner at Grant Thornton for two years, where she led the global energy and natural resources group, with a significant focus on Africa. Linda is currently a non-executive director and Audit and Risk Committee Chair at Kropz plc, a non-executive director and Audit Committee Chair at San Leon Energy plc, a non-executive director and chair of the Audit Committee and Strategy Committee at Orca Exploration Group Inc and a non-executive director at i3 Energy PLC.

 

Harald van Dongen

Non-executive Director

Harald van Dongen is currently Value Assurance Manager of ARA Petroleum LLC. He is a Dutch national and has been active in the international oil and gas industry since 1995. His career started with Shell International holding various subsurface positions and continued with Total SA in a business development role covering the Far East. Before joining ARA in 2014 he worked as an Asset Development Manager for OMV Petrom and Tulip Oil. At ARA, Harald is responsible for upstream M&A, economic, financial portfolio and performance management. He holds a MSc in Applied Physics and an MBA in Financial Risk Management.

 

Jan Gunnar Opsal

Non-executive Director

Jan Gunnar Opsal is currently the General Manager of ARA Norway Invest, an associate company of The Zubair Corporation, which focusses on investing in innovative petroleum technology. He is also founder and Chief Executive Officer of Searcher Geoservices in Norway. He has a MSc in Geophysics and has over 20 years’ experience in the international oil and gas industry, during which time he has worked for Equinor, Det norske oljeselskap and Weatherford. He was a Board Member of Det norske oljeselskap (now Aker BP) at the time of its IPO on the Oslo Stock Exchange.

London

Aminex Petroleum Services Limited
Kings Buildings
16 Smith Square
London, UK
SW1P 3JJ
Tel: +44 (0)20 3198 8415
Email: [email protected]
 

Tanzania

Ndovu Resources Ltd
Plot No. 431, Mahando Street
Msasani Peninsular
PO Box 105589
Dar es Salaam, Tanzania
Tel: +255 (0)22 2600814
Fax: +255 (0)22 2601809

 

Registered Office

Paramount Court, Corrig Road
Sandyford Business Park
Dublin 18, D18 R9C7

Registered Number 72399

LSE Ticker:AEX

ISIN: IE0003073255

 

Share Registry

Computershare Investor Services (Ireland) Limited
3100 Lake Drive
Citywest Business Campus
Dublin 24
D24 AK82
Tel: +3531 216 3100
Fax: +3531 216 3150
e-mail: [email protected]

 

Public Relations

Camarco, UK
Tel: +44 20 3757 4980

 

Sponsor

Davy, Ireland

 

Solicitors

Byrne Wallace, Ireland