omni research

Omni's latest research on Aminex, our JV partners on our Tanzanian assets, has this to say on those assets:

Resource update, operational progress

With its preliminary results Aminex updated resource estimates for its US and African assets, including an estimated 40 bcf at Kiliwani North-1 and a
serious upgrading of the other prospects which are licensed to Aminex adjacent to the Kiliwani North discovery.

Operational update

Nyuni - ISIS undertook a resource evaluations at Nyuni Block, with 40 bcf of contingent mean resources estimated at the Kiliwani North-1 well and an exploration upside of 1390 bcf consisting of both contingent and prospective resources attributed to other prospects on the Nyuni PSA.


Nyuni has been attributed with a risked value of US$74.1m for their 50% share of the licence. This equates to US$29.6m for KEY's 20% share. No value has been attributed to the West Songo Songo licence and the forward drilling plan does not include any drilling on the Nyuni or WSS blocks.

http://www.aminex-plc.com/files/100412_Aminex_OMNI_Update_Report.pdf