The Directors of Armour Energy are pleased to advise that the drilling of the Egilabria 2 DW1 lateral appraisal well has commenced from the Egilabria 2 vertical well at a depth of approximately 1300 metres. The Egilabria 2 DW1 lateral well is planning to target a range of possible trajectories based on drilling that will result in between 570 and 750 metres of lateral length and estabilishing a fracture stimulation interval from 1605-1745 metres.

Egilabria 2 vertical well penetrated the bottom of the target Lawn Shale at 1810 metres, 65 metres lower than forecast, confirming a highly prospective Lawn Shale target interval on logs of 137 metres, approximately 12 metres thicker than the 125 metres expected. Gas has been detected over a length in excess of 800 metres from the approximate interval of 1091 metres to 1900 metres and a number of flares were encountered.

Tags: Armour Energy Ltd