Tanzania: Aminex farmout deadline looms

Issue 424 - 08 Oct 2020

London-listed Aminex has announced a ninth extension to the long stop date for a proposed farmout of the Ruvuma licence to ARA Petroleum Tanzania Limited (APT), saying that if government approval is not received by 15 October, it will not be extended again. Aminex announced the farmout in 2018. APT is an affiliate of Omani-owned Eclipse Investments, Aminex’s largest shareholder.

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