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Solo Oil chief hails Aminex progress in Tanzania

Solo Oil PLC (LON:SOLO) Executive Chairman Neil Ritson describes himself himself as ' really happy' with forward progress for the group’s 25% owned Ntorya gas project, onshore Tanzania.
Aminex, project operator and 75% owner of Ntorya, this morning told investors that it is “actively engaged” with the Tanzanian authorities and with third-party engineering firms, in the advanced stages of planning for the Ntorya-3 well. News here too on processing the legacy seismic on Helium One and at Horse Hill, where timing of long term tests are underway shortly.

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Price: 1.025 GBX

AIM:SOLO
Market: AIM
Market Cap: £6.64 m
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Solo Oil's Neil Ritson on Horse Hill, Ruvuma and plans to refresh the team

Neil Ritson, chairman of Solo Oil PLC (LON:SOLO), discusses with Proactive's Andrew Scott the first batch of production testing results from Horse Hill,  the decision by their partner at Ntorya, Aminex plc (LON:AEX) to farm-out two-thirds of its 75% interest in the project and the...

on 19/7/18

2 min read