EXPLORATION

Armour defines 57Tcf of Top End potential

THERE'S nothing like a good takeover offer to get a target company to fast-track its reserves calculations, and Armour Energy has proved no exception, with the company announcing a significant increase in its prospective gas resources in the Northern Territory and Queensland.

Haydn Black

Armour defines 57Tcf of Top End potential

This includes the maiden resources for three of its emerging plays. Armour says it now sees the potential for 57 trillion cubic feet, up from what was already a substantial 34Tcf, with the first numbers...

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