Aminex said in a statement today that US properties are being “very carefully managed” for maximum revenues while costs are tightly controlled.
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.
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.
