AJQ 0.00% 10.0¢ armour energy limited

Ann: Quarterly Activities Report, page-4

  1. 1,988 Posts.
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    Interesting to note that Armour are still factoring in "Proceeds from anticipated Surat farm-in work commitments" of $6-9M between Feb and June 2021. (Pg 3 QAR)
    That's several times they've mentioned a potential farm-in partner. Nothing has been stated formally in an announcement, it's just slipped into the last couple of presentations and today's quarterly. Wonder who they've got in mind. APLNG (Origin), GLNG (Santos), there's a few others.
    Overall a pretty reasonable quarterly, wish those last wells had flowed better. Next drilling campaign pensilled in for mid year now.
    I also like the new format as someone else has mentioned.
 
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