AJQ 0.00% 10.0¢ armour energy limited

Northern Territory

  1. 2,953 Posts.
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    Hi crew, just found this article below and believed it a good idea to start a NT thread. The impact it will have on AJQ's future will be transformational.
    With Santos JV'd into the Isa Superbasin due to a $65M spend over 4 years there will be plenty to report on. We dealt 70% equity on ISA but serious equity remains and if Santos can repeat 2DW1 which was drilled by Armour and flowed gas then good times ahead. It would be good to see an update and plan from Santos.

    Eutility - Jemena eyes partners for $5b-plus northern gas push

    This could mean drill, chill and ship to Asia. Either way the NT is heating up and could be the next big play to provide energy for the next 50 years.
 
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