Armour Energy Limited (ASX:AJQ)
Armour Energy Limited is engaged in oil and gas exploration, development and production. The Company’s project area comprises of Surat Basin, Northern Basins, Copper Basin and Southern Basins. Its Surat Basin comprises of Kincora Gas Project, which includes recovery, processing, sale, storage, handling and loadout facilities for gas, oil, condensate and LPG. Its Northern Basins comprises of McArthur Basin and Isa Superbasin. Its Copper Basin consists of Northern Flank Oil and Wet Gas Fairway and SW Western Flank Oil and Wet Gas Fairway Extension. Its Southern Basins hold interest in Otway & Gippsland Basin. Its McArthur Basin holds approximately 12 permits, covering an area of approximately 89,000 square kilometers (km2). Its Superbasin holds approximately six permits in North Queensland and Northern Territory covering an area of approximately 41,000 km2.