Tanzania: Bowleven drops Aminex farm-in

AIM-listed Aminex has been unable to agree terms for a planned farm-out to Edinburgh-based Bowleven. “In discussions during the due diligence process, a forward work programme could not be agreed which would be acceptable to Aminex, its lender, the Tanzanian authorities and Solo Oil plc,” Aminex said in a statement. The London-based company signed a gas sales agreement for the Kiliwani North field in January, and said on 1 February the well was undergoing final well integrity testing before first production expected in mid-February.