Energy Producers
By Renae Dyer
Date: Thursday 11 Feb 2016
LONDON (ShareCast) - (ShareCast News) - Oil and gas explorer Aminex is selling a 3.8% interest in the Kiliwani North Development licence in Tanzania to Solo Oil for $2.16m (£1.49m), the company announced on Thursday.
Solo's stake in the licence will increase to 10% following the completion of the deal. Aminex will remain the majority owner with a 51.75% holding.
Solo had an option to acquire an additional 6.175% interest under a previous agreement with Aminex. The remaining entitlement under the option will expire following the transaction.
Email this article to a friend
or share it with one of these popular networks:
Currency | UK Pounds |
Share Price | 1.43p |
Change Today | 0.025p |
% Change | 1.79 % |
52 Week High | 1.50p |
52 Week Low | 0.72p |
Volume | 20,516,760 |
Shares Issued | 4,211.17m |
Market Cap | £60.01m |
RiskGrade | 495 |
Value |
---|
Price Trend |
---|
Income |
---|
Growth |
---|
No dividends found |
Time | Volume / Share Price |
16:05 | 1,000,000 @ 1.40p |
16:26 | 661,894 @ 1.48p |
16:21 | 67,583 @ 1.45p |
16:08 | 207,358 @ 1.38p |
16:07 | 400,000 @ 1.40p |
You are here: research