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Main Forum•Armour Energy - 510% increase 2C Myall Creek
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Armour Energy Limited
19 July 2016510% Increase in 2C Contingent Resources in Armour’s Myall Creek, Parknook, Namarah and Warroon Fields near Roma, Queensland.
Highlights:
- Independently verified 2C contingent resources (net to Armour) has increased to 92 PJs of gas, 913 kbbls of condensate and 190 kTonnes of LPG in the Myall Creek, Parknook, Namarah and Warroon Fields.
- Overall 2C contingent gas resources (net to Armour) of the broader Kincora project area is now 105 PJs.
- 2C contingent resources will be reclassified to 2P reserves upon demonstrating economic viability following the re‐start of the Kincora Gas Plant.
- Armour has ready access to gas markets through its gas sales pipeline to the gas hub in Wallumbilla, Queensland.
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