There’s some good news for investors in Aminex plc (LON:AEX) and Solo Oil PLC (LON:SOLO), but, a little more patience is needed.
Aminex and Solo Oil this afternoon told investors that flow testing began on the Ntorya-2 appraisal well, in Tanzania, on February 25 and it confirmed that gas is flowing to surface.
Investors will now have to wait until mid-March for details.
“The well will be tested with a variety of flow rates and choke sizes to determine the optimal deliverability of the well for production purposes,” Aminex said in a statement.
“The company now expects to have results of the production testing and petrophysical analysis by mid-March.”