Oil and gas company Aminex has reduced its first-half losses by 10% to $1.37m (€930,000), the company announced today.

THE Irish market yesterday closed another day in negative territory in line with other European bourses. The exchange was 47 points worse off at 5,920.

AMINEX, the Irish oil and gas explorer with operations in Africa, rose the most in almost seven weeks in trading yesterday after it announced excellent test results at a well in Tanzania.

OIL and gas company Aminex has announced the award of a further Production Sharing Agreement in Tanzania.

AMINEX, an Irish oil and gas explorer with operations in Africa, said it will stop drilling a well in Egypt because the quantity of natural gas found isn’t commercial.

AMINEX, the Irish oil and gas explorer with operations in Africa, rose to a two-month high in London trading after saying the value of its US reserves was about two- thirds higher than previously thought.

The ISEQ index of Irish shares was down this morning, falling 61.79 points to 6,186.12.

Aminex, the oil and gas company listed on the London and Irish Stock Exchanges, today announced its preliminary results for the year ended December 31 2007 revealing a net loss in profits for the period.

Aminex, the oil and gas company listed on the London and Irish Stock Exchanges, reported its net loss reduced to $2.86 million (€2.14m) in its 2006 books.

ISEQ- and FTSE-listed oil and gas company Aminex cut its losses from $4.98m (€7.3m) to $2.86m (€4.2m) last year, the company announced today.

The ISEQ fell 99.87 points to 7189.42 on the day that the European Central Bank raised interest rates by 0.25%.

Aminex are aiming to raise £2.93m (€4.27m) from a new share placing to fund seismic and other pre-drilling studies for its 2007 drilling campaign.

Copies of ISEQ-listed exploration company Aminex’s annual report for the year ended December 31, 2005 are being submitted to the Irish Stock Exchange and the UK Listing Authority.

The ISEQ slipped a little this morning, down 1.76 points at 7957.1 at 10.30am.

Exploration company Aminex, which is listed on the ISEQ, will make a presentation at the oil-barrel conference being held today in London.

The ISEQ closed up a healthy 61.79 points today at 7723.23.

ISEQ-listed exploration company Aminex has given investors an update on its US activities.

The Dublin stock exchange finished the day down 0.48 points at 6790.29 today.

The ISEQ was up 10.54 points at 10.30am today at 6801.31.

ISEQ-listed Aminex says that a recently-awarded exploration licence for onshore Madagascar has been ratified by the African nation’s president.

Aminex PLC has announced that Red Sea Petroleum Ltd, in which it has a 51% shareholding, has been awarded an onshore exploration licence close to Egypt’s Red Sea coast.

The ISEQ finished the day down 26.20 points at 6605.71 despite a €2.03 upsurge to €35.88 by technology firm Icon PLC.

The ISEQ was up 1.17 points at 6633.08 at 11am today.

ISEQ-listed exploration company Aminex has been awarded onshore exploration acreage in Madagascar.

GLENCAR’S link-up with Gold Fields involving its Mali gold project is seen as a significant development within the industry.

The oil and gas company Aminex has said its GU35 well in the South Weslaco field in Texas has been declared a commercial gas discovery.

The ISEQ index surrendered early gains today as it continued its slide, closing down 35.37 at 5798.49.

The ISEQ today looks set to end a week of consecutive losses as shares have climbed 23.65 to stand at 5,857.51.

Irish oil and gas company Aminex today announced a loss of $4.4m (€3.4m) for its preliminary results for 2004.

Dublin's stock exchange saw its share prices fall 35.97 points to 6,053.02 today as the business community was dealing with the the Irish Financial Services Regulatory Authority's criticism of Allied Irish Bank's overcharging controversy.

An emergency general meeting at Aminex has approved the sale of the Vinton Dome Oil Field in the US.

Aminex PLC, the oil and gas company listed on the London and Irish Stock Exchanges, today announced it has entered into a conditional agreement to dispose of its interests in the Vinton Dome Oil Field to Orion Oil & Gas Louisiana Holdings LLC (“Orion”), for a total gross cash consideration of $5m (€3.9m).

On a day when manufacturing news from the UK was not good, and the cost of a barrel of crude oil went above $51 for the first time ever, the ISEQ closed down 29.78 at 5677.7.

Oily and gas company Aminex today announced plans for a share placing to be admitted on its ISEQ and FTSE listing.

Oil and gas company Aminex today announced its interim results for the half year ended June 30, 2004.

Oil and gas exploration company Aminex has signed a deal with the government of North Korea to work on developing the country’s oil resources.

The ISEQ has slipped back 10.87 to 5,648.21 in morning trading today, shares in Elan falling sharply today.

Aminex has signed a 20-year agreement to develop North Korea’s petroleum industry.

Oil and gas company Aminex has agreed terms with Australian energy company Liquefied Natural Gas (LNG) to work together on exploration projects in eastern Africa.

Oil and gas company Aminex has signed a memo of understanding with Liquefied Natural Gas Limited ("LNGL"), an Australian public company, for co-operation in the exploration and development of natural gas in East Africa, onshore and offshore.

Main movers on the ISEQ index of Irish shares included CRH (now trading at €18.10), and Glanbia (€2.58).

Aminex, the oil and gas company listed on the London and Irish Stock Exchanges, announced yesterday that it has completed an agreement to sell its shareholding in OAO Ideloil, an oil company operating in the Russian internal republic of Tatarstan, to Dolkono Holdings Limited and Nereids Holdings Limited.

Exploration company Aminex has said that wireline logging has again been temporarily suspended on its Nyuni-1oil and gas exploration well at offshore Tanzania.