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Energy -
ASX code AJQ

Armour Energy has one of the largest shale gas acreage positions in Australia.
Armour Energy Limited (Armour Energy) is focussed on the discovery and development of gas and associated liquids resources in a hydrocarbon province in northern Australia.
As of March 20, 2012, Armour Energy held 100% ownership interests in two granted exploration permits, exploration permit (EP) 171 and EP 176, located in the Northern Territory.
Armour Energy has exclusive rights in respect of an additional 13 exploration permit applications (EPAs) in the Northern Territory.
Armour Energy has a substantial acreage position covering approximately 126,000 square kilometers of the McArthur, South Nicholson and Georgina Basins.
In December 2011, the Company secured a 13% interest in Lakes Oil, an oil and gas explorer focused on the Otway and Gippsland Basins, Victoria and entered an agreement to earn 51% interest in two tenements (petroleum exploration permit (PEP) 166 and PEP 169) held by Lakes Oil and an option to acquire 50% of Lakes Oil’s interest in a third tenement.
The Board of Armour Energy includes four past Directors of Arrow Energy, and the same expansive approach to exploration and development that drove Arrow’s evolution is planned for Armour Energy

Armour Energy Limited
Level 27
111 Eagle Street
Brisbane QLD 4000
Postal Address
GPO Box 5261
Brisbane QLD 4001
Telephone +61 7 3303 0620
Fax +61 7 3303 0681
Nicholas Mather Executive Chairman of the Board
Robbert de Weijer Chief Executive Officer
Priyanka Jayasuriya Chief Financial Officer
Roger Cressey General Manager - Infrastructure and Project Development
Raymond Johnson Jr. General Manager - Exploration and Production
Geoff Hokin Exploration Manager
Jonathan Martin Chief Well Engineer
Carlie Rogers Business Development and Government Liaison
David Warner Principal Exploration Adviser
Karl Schlobohm Company Secretary

Search the ASX website for company announcements from AJQ

AJQ.AX Armour Energy 2 year chart retrieved on 18 November 2013

Armour Energy spuds Queensland shale gas well
August 26, 2013 - Armour Energy (ASX: AJQ) has spudded the Egilabria 4 vertical well targeting multiple plays in the Carpentaria Basin, Queensland.

These include the Lawn and Riversleigh Shales as well as the basal Jurassic sands. Of these, the Lawn Supersequence in ATP 1087 was previously assessed to host Mean Prospective Resources of 22.5 trillion cubic feet of gas.

In addition, while no resource assessment has been completed for the Riversleigh Shale, gas shows were noted in the sequence at the 1990s Comalco Argyle Creek 1 and Desert Creek 1 wells.

Separately, the company has identified numerous leads in ATP 1087 that have the potential to host hydrocarbon accumulations.

The earlier Egilabria 2 is being prepared for an eight stage hydraulic stimulation to be carried out within two weeks. This will be followed by a production test.

Egilabria 2 had encountered gas flows and shows during drilling above and through the Lawn Shale.





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