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Armour Preps Queensland Shale Well for Frac Ops; Talks Progress
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Armour Energy Limited has reported an update on its ATP 1087 project onshore Australia.
Highlights: Egilabria 4 vertical well spudded on Saturday 24th August to target muliple plays Egilabria 2 Readied for Hydraulic StimulationArmour reported that the drilling rig has moved from Egilabria 2 to its new location. The Egilabria 4 well, in the Company’s 100% owned ATP 1087 in Queensland, was spudded on Saturday, 24 August 2013.
The Egilabria 4 vertical well will be drilled to a planned depth of 1,800m targeting multiple plays― the Lawn and Riversleigh Shales as well as the basal Jurassic sands of the Carpentaria Basin (Figure 2). The Lawn Supersequence in ATP 1087 was previously assessed by the Company’s independent geological consultant (MBA Petroleum Consultants) to host Mean…
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