Armour Energy Limited is an ASX listed exploration and production company focused on the discovery, development, and production of world class gas and associated liquids resources.

Armour commenced its exploration activity in an extensive and recently recognised hydrocarbon province in northern Australia – in the Northern Territory and in north-west Queensland. The domestic and global demand for gas, combined with the new shale extractive technologies and experienced personnel, provides Armour with an extraordinary opportunity to define and ultimately develop these new liquids rich gas provinces.

More recently, Armour completed the acquisition of petroleum resources, tenures, production and transportation infrastructure assets on the Roma Shelf in the Bowen-Surat Basin, Queensland from Origin Energy.  These assets - Armour's Kincora assets - offer significant cashflow opportunities through the production of oil, gas, LPG and condensate.

The acquisition sets Armour up to become a significant producer of oil, gas, LPG and condensate, strategically located near the Wallumbilla gas hub on the east coast of Australia. Furthermore the Newstead storage facility with a capacity of 7.5 PJs (including 2.3 PJs of contained sales gas) provides Armour with a significant business opportunity to manage this facility and to maximise returns during periods of high gas demand.

Armour's overall assets currently include:

  • Oil production commenced August, 2016 from the Emu Apple oil field in the Bowen-Surat assets

  • Near term (September 2017) production via Armour's Kincora gas project will bring positive cash flow into the business: 2P reserves of 56.8PJs announced in April, 2017

  • Currently focused on gas, oil and liquids production and the expansion of infrastructure assets at the Kincora Project 

  • Vast exploration potential in new underexplored and rich petroleum provinces in north west Queensland and the Northern Territory 

  • Diversified portfolio of production and large scale exploration opportunities with excellent results to date

  • Well positioned to become a major supplier to Australian east coast and export markets, with gas demand expected to significantly increase 

  • Proven Board and management team with track record for delivering shareholder value

Armour's permit areas are characterised by low population densities, cooperative stakeholders, and aspects of the natural environment suited to the exploration and development of a future gas and liquids province. 


After securing petroleum resources, tenures, production and transportation infrastructure assets in the Bowen-Surat Basin, Armour commenced oil production from its Emu Apple well in August, 2016 and completed the first load out in September, 2016. Armour plans to re-start gas production by the end of September 2017 with an initial gas production rate of approximately 5 TJs per day. Armour plans to ramp up to 20 TJs per day, plus LPG and condensate production during 2018.


Armour's exploration portfolio includes the Bowen-Surat Basin, Isa Superbasin, South Nicholson and Georgina Basins in Queensland and the McArthur Basin in the Northern Territory. Armour also has exploration interests in the onshore Gippsland Basin in Victoria in joint venture with Lakes Oil, for gas and associated petroleum liquids.

Armour's September 2015 acquisition of assets and resources on the Bowen-Surat Basin is helping to establish the Company's future as a petroleum producer. Armour's extensive review and analysis of the petroleum leases acquired indicates that they have been under explored and that there is significant potential to further explore and produce from these leases.