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Ive mentioned this before, but Armour are the real deal.
They have comitted to drilling Morey's, Yallourn-Morwell Anticline and Holdgate 1.

They are in a hurry to do all 3 for their own benefit and want things to happen now. Unlike BPT who have other big projects on the go and a lack of resources to allocate for their work program.

In my previous posts I have mentioned that there is a greater than 46% chance of success at Moreys with over 50bcf of gas.

But Holdgate1 is the biggy, oil shows here will indicate that oil underlies the whole of the Gippsland basin.

The SP would easily be 30 times what it is now if thats the case. Remember there have been 4billion plus barrels offshore produced to date, the same reservoirs flow into LKO's permits and it is expected that oil is in these reservoirs onshore. If Holdgate1 proves this you might has well be writing your own cheque.