AJQ
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Company News
Armour Energy to acquire Cooper-Eromanga ground from Oilex, lift east coast exploration profile
Armour Energy (ASX: AJQ) will acquire exploration assets in the Cooper-Eromanga Basin from Oilex (ASX: OEX) as it builds a “substantial” Australian east coast oil and gas exploration and production company. Oilex, meanwhile, says the all-paper deal will allow it to focus on its India and United Kingdom continental shelf interests. The two companies have […]
Santos takes another slice of northern Australia with Armour Energy farm-in
Following yesterday’s multi-billion-dollar deal with ConocoPhillips, Santos (ASX: STO) is snapping up more oil and gas assets in northern Australia under a proposed farm-in with junior explorer Armour Energy (ASX: AJQ). Armour today announced it has inked a binding term sheet with the gas major’s wholly-owned subsidiary Santos QNT to jointly explore and develop the […]
Armour Energy sells Kincora gas to Queensland spot market
Oil and gas junior Armour Energy (ASX: AJQ) has started selling gas to the spot market as production from its Kincora project in Queensland surpasses contractual obligations. The company today revealed it was currently selling 11 terajoules per day of gas from the project, with 10TJ/day going to gas major Origin Energy’s (ASX: ORG) 37.5%-owned […]
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