Aminex Reaches TD at Shoats Creek Well

Aminex announced that the Olympia Minerals-10-1 well ("OM-10-1") in Louisiana has been drilled to a total measured depth of 12,410 feet (3,783 metres) and has logged potentially hydrocarbon-bearing sands in the Cockfield and Upper Wilcox formations. A production liner has now been run in the Upper Wilcox formation and the drilling rig has left the location in preparation for testing. Once the well has been tested, further information will be provided.

Aminex USA Inc. is drilling this well in 50-50 partnership with El Paso E&P Company, L.P., operator of the well.