Armour Energy Limited 5 September 2013 Australian Oil & Gas...

Armour Energy Limited
5 September 2013 Australian Oil & Gas Industry Reports

"Armour Energy is focusing on the exploration of the McArthur, South Nicholson and Georgina Basins in the Northern Territory and Queensland, and in the onshore Gippsland Basin in Victoria in joint venture with Lakes Oil, for gas and associated petroleum liquids"

--------------------------------------------------------
RFC Ambrian - Australian Unconventional Oil and Gas Report September attachments

"In August 2012 the Victorian Government issued a moratorium on fracture stimulation; this has delayed the exploration and exploitation of unconventional resources that would require this technique. Armour’s direct interests in Victorian licences (and its investment in Lakes Oil and its option over PRL 2) are affected by this ban.

We believe that Gippsland Basin tight gas resources are substantial and could be highly profitable over the coming years as East Coast gas prices rise.

For this to happen, the moratorium on fracture stimulation will need to be lifted. "

http://www.armourenergy.com.au/investors/investment-research