The Directors of Armour Energy Limited advise that the Company has now formally mobilized the drilling contractor in preparation for commencement of the planned 2013 exploration program in North Queensland and the Northern Territory.
The Contractor will supply the services of their highly experienced drilling crews and management team along with a Schramm TX130XD drill rig and the associated spread of equipment. The drill rig is capable of drilling to a vertical depth of 2900m and will be equipped to drill vertical and lateral wells on both mud and compressed air.
The program will commence in ATP 1087 located in North Queensland where three (3) vertical wells and one (1) lateral well are planned with work scheduled to commence in the week commencing on 6th May.
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Armour Energy Ltd
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