Armour Energy has raised $11.5 million to fund its proposed Northern Basin business demerger, exploration, and production and maintenance activities at the Kincora project in Queensland. The funds, raised
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Australian Government grants to unlock Beetaloo potential
Australia’s gas-fired recovery has taken another step forward with the launch of grants aimed at supporting exploration of the Northern Territory’s Beetaloo Basin. Federal Minister for Resources,
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Armour proposes Northern Australian-focused company
Armour Energy has proposed to de-merge its Northern Basin Oil & Gas company into a new entity, McArthur Oil & Gas, which will hold all of the assets and operations of the business. The company
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Empire backs Beetaloo development plan
Empire Energy chief executive officer Alex Underwood has described the Australian Government’s Beetaloo Strategic Basin Plan as a “brilliant initiative”. The plan, which was released
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Armour takes leap with NT retention licences
Armour Energy has lodged applications for retention licences (RL) in the Northern Territory over portions of its McArthur Basin exploration licences. The company is the first operator in the basin to lodge
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Empire boosts Beetaloo resources
Netherland, Sewell & Associates (NSAI) has undertaken an independent resource report for Empire Energy’s EP187 tenement in the Beetaloo Sub-Basin, Northern Territory, using the results of the Carpentaria-1
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NT portal to boost confidence for onshore petroleum work
The Northern Territory Government has created a portal for the public to access key information and data about onshore petroleum activities. The Petroleum Onshore Information NT (POINT) portal provides
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Santos sizes up South Nicholson Basin interest
Santos is officially the 100 per cent owner of the South Nicholson Basin exploration project onshore the Northern Territory and Queensland after it completed a deal with Armour Energy. Armour announced
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Empire compares Carpentaria to US shale
Empire Energy has received core results that reinforce the company’s view that the Velkerri Shale at the Carpentaria-1 well in the Northern Territory has world-class potential. The results confirm that
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Empire nears Carpentaria well approval
Empire Energy expects the Northern Territory Department of Environment, Parks and Water Security (DEPWAS) to approve its environment management plan (EMP) for a four-stage hydraulic stimulation of the
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