AJQ 0.00% 10.0¢ armour energy limited

The key for this will be (as per the annoucement); "Armour...

  1. 1,771 Posts.
    The key for this will be (as per the annoucement);

    "Armour Energy will also progress further analysis of the overall Glyde Sub Basin area to gain further understanding of the extent of the gas bearing formation and structure encountered in the Glyde #1 lateral well, and also the potential repetition of similar wells. An independent resource evaluation of the highly prospective Glyde Sub Basin which covers approximately 500km2 will be prepared".

    Repetition of similiar wells will mean the AJQ will be able to write it's own ticket...explorer to self sufficient producer.

    DYOR
 
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