Things Look Better For Aminex Now

/in /by

London based independent exploration and production firm focused in Tanzania, Aminex, announced a farm-out update.

In their latest operational update, the company confirmed that it’s received  the Tax Clearance Certificate from the Tanzania Revenue Authority(TRA).

TRA has sent the tax clearance certificate to the state-owned oil company, Tanzania Petroleum Development Corp. (TPDC), to be forwarded to the Ministry of Energy. Aminex has accomplished all the conditions within its power for closing the farm out.

In March, the company announced the extension of its Tanzania license.

With both oil prices and market are improving, Personally look for what I would call, the long-awaited Chikumbi-1 drill.

Hussein Boffu runs a consultancy helps you turn your strategic vision into real-world action. Reach out to him via email at hussein.boffu@tanzaniapetroleum.com or by calling, texting, or WhatsApp at +255(0)655376543.