Aminex Spuds Texas Well

Aminex's US operating subsidiary Aminex USA, Inc. has spudded South Weslaco Well GU#35 in Hidalgo County, Texas.

The well is the first of up to four gas development wells planned for the current year at South Weslaco. Target depth is 9,000 feet in the Frio Sands and there are prospective gas horizons in the range 7,000 feet to 9,000 feet. Partners are Aminex USA, Inc (25%), Activa Resources LLC (25%) and Stalker Energy LP (50%) (operator).

Aminex Chief Executive, Brian Hall commented: 'GU#35 is part of an ongoing program to build up new gas production by drilling up proved undeveloped reserves in Texas to replace the production from the ageing Vinton Field in Louisiana which was sold in late 2004. The result of the well should be known within one month'.