PRODUCT PROFILE

Latest Dublin Prices

NAME
LATEST
CHANGE
Aer Lingus 0.67 0.01 more
AIB 1.12 0.03 more
BoI 1.22 0.03 more
CRH 16.97 0.15 more
DCC 19.90 0.25 more
Elan 5.25 0.03 more
Glanbia 2.52 -0.04 more
Grafton 2.66 0.06 more
Greencore 1.31 -0.04 more
Ind. News 0.10 0.00 more
ILP 3.03 -0.07 more
Ryanair 3.41 0.04 more
U. Drug 2.22 -0.01 more

 

Aminex holds costs, looks to oil prices

Tuesday, May 19 10:20:30

Dublin-listed, American-focussed oil and gas explorer, Aminex, today said that its projects are being "very carefully managed" for maximum revenues while costs are tightly controlled.

In its interim management statement, it noted that the recovery of oil prices since the start of the year was very beneficial for its oil well in Somerset, Texas, as this well has a "high operating cost per barrel" and requires careful management.

Gas from its Sunny Ernst well in Texas can now be sold to market through the existing pipeline system after restrictions were lifted, the company said.