EXPLORATION

Armour's new numbers

ARMOUR Energy is feeling particularly bullish about its prospects at ATP 1087 in northern Queensland after a review delineated four plays which may contain up to 19.8 trillion cubic feet of gas and 137 million barrels of liquids.

James McGrath

The permit was previously assessed by MBA Petroleum Consultants, which said the permit could contain mean prospective resources of 22.5Tcf of gas and 242MMbbl of liquids, with a P90 estimate of 9.3Tcf....

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