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Thursday, March 28, 2024
HomeFinTechArmour Energy: Completes stimulation work at Warroon 1 well

Armour Energy: Completes stimulation work at Warroon 1 well

Date:

  • Armour Energy (AJQ) has completed stimulation activities at the Warroon 1 well at its Kincora Gas Project in Queensland
  • This work forms part of an estimated $4.7 million program that has so far included stimulation activities at three wells
  • The wells will produce and flow gas into Armour’s Surat Basin Gas Gathering System to the Kincora Gas Processing Plant to generate gas sales
  • Flowback and clean-up operations will now begin to target all three wells, starting with Warroon 1
  • Armour will release initial production results once they’re received from next week
  • Armour’s shares are trading 8.16 percent in the green for 5.3 cents

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