The Directors of Armour Energy Ltd report that the Kilgour North 1 well, located within EP 171 in the Northern Territory is currently preparing to drill out from the bottom of the surface casing that has been successfully set at 319m depth.

The Kilgour North 1 well is located on the Kilgour Anticline where the subsurface structure has now been confirmed by the processing and interpretation of the recent Kilgour-Abner seismic survey.

Drilling will progress through the Yalco, Lynott, Reward, Barney Creek and Coxco Formations using improved drilling techniques and streamlined formation evaluation methods developed at the previously drilled Cow Lagoon 1 well.

Tags: Armour Energy Ltd