AJQ 0.00% 10.0¢ armour energy limited

Qld, North West Minerals Province

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    The long awaited Queensland Strategic Blueprint for the NWMP was released today. For those who haven't been following it, this forms plans for exploration and development of minerals and energy in NW Qld.
    We have large holdings in this region, with proven gas resources. (Lawn and Riversleigh shale gas projects).
    "Armour Energy’s Independent Experts have assessed 22.1 trillion cubic feet (Tcf) of Best Prospective Resource (gas) in the middle Proterozoic aged Lawn Hill and Riversleigh Shale in ATP1087."
      
    The blueprint is formed into 3 main categories: Strategic Priority # 1 to 3.
    The 1st Strategic Priority contains gas exploration with governmental assistance.

    Initiate gas exploration in proximity to the province.
    "The Queensland Government will undertake pre-competitive exploration and geoscience investigations of gas potential. The initial focus of the gas exploration package will be in Queensland's frontier or greenfield gas basins that have been identified as having significant gas exploration potential that fall outside the existing producing basins (Surat, Bowen, Cooper). The Department of Natural Resources and Mines has identified several basins abutting the Province, including the South Nicholson basin, Isa Superbasin, and Georgina basin, as highly prospective for natural gas exploration".

    https://www.statedevelopment.qld.gov.au/resources/plan/nwmp/nwmp-strategic-blueprint.pdf
 
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