AJQ 0.00% 10.0¢ armour energy limited

significant gas discovery - 3-4mmcfpd

  1. 1,208 Posts.
    Armour estimates continuing gas inflow rates during air drilling of approximately 3.5-4.5
    million standard cubic feet per day equivalent based on open flow conditions at the flare
    line.


    - No water flow
    - Lateral drill - Not horizontal...

    Armour Energy is STILL trading below CASH BACKING. unreal.

    AJQ has:

    - World class management - Ex Arrow founders
    - Significant shale acreage with prospective parts the size of England
    - Flowing gas in several of the first drills (designed to test shale hydrocarbon content)
    - Acreage has been independantly assessed as containing up to 18.8 trillion c.f gas, 2 billion barrels liquids

 
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Currently unlisted public company.

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