Tanzania: Aminex extends Mtwara licence

Aminex has announced a one-year extension of the Mtwara licence in the Ruvuma production-sharing agreement, which was due to expire in December 2016. Tanzania Petroleum Development Corporation (TPDC) has also agreed for the company to transfer drilling obligations in the norther Lindi licence to the southern Mtwara licence, which contains the Ntorya discovery. Aminex intends to drill the Ntorya-2 appraisal well and, if it is successful, to apply for a 25-year development licence.