Armour Energy (ASX:AJQ) advances diversification plans for Kincora
- Armour Energy (AJQ) is gearing up to produce oil at its exisiting Kincora gas project in a bid to diversify its portfolio
- A recently completed ore reserve for the project in Queensland tabled a proved reserve of almost 250,000 barrels of oil
- While the probable resource includes another 1 million barrels of oil
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