UPDATE 1-Aminex, Solo Oil seek partner for Tanzania licence

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LONDON, Oct 8 (Reuters) - Explorers Aminex and SoloOil said they were seeking a partner to help pay fortheir hunt for oil and gas in Tanzania, a country attractinghigh interest from oil majors who see East Africa as a newhydrocarbon producing region.

Aminex and Solo said on Monday that they had hiredan adviser, First Energy, to run a process to sell up to a 50percent stake in the Ruvuma exploration licence which sits nearthe border with Mozambique.

Recent gas finds off Tanzania and Mozambique have led topredictions the region could become the third largest exporterof natural gas on the planet, prompting oil majors such as Shell

to try to become involved in projects there.

The drilling of a well earlier this year has already enabledthe companies to establish that the Ruvuma licence hascommercial potential.

Under licence rules Aminex, which has a 75 percent stake,and Solo, which owns 25 percent, must drill another two wellsthere before the end of 2013.

(Reporting by Sarah Young, Editing by Rosalba O'Brien)

((sarah.young@thomsonreuters.com)(+44 20 7542 1109)(ReutersMessaging: sarah.young.thomsonreuters@reuters.net))

Keywords: SOLOOIL/