AJQ 3.13% 3.1¢ armour energy limited

Update Scientific enquiry hydraulic fracturing NT, page-40

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    lightbulb Created with Sketch. 40
    “We have accepted the key finding of the report – that if all the recommendations are implemented, the risk from fracking can be reduced to an acceptable level,” Mr Gunner said.

    “We have also accepted the inquiry’s advice about no-go zones and coupled with areas where there is no petroleum potential, 49 per cent of the Territory will be frack-free, including in national parks, conservation areas, indigenous protected areas, towns, residential and strategic assets, and areas of high cultural, environmental or tourism value.”

    This is very important and positive news for Armour. There are a few small areas around our tenements that may classify as no-go, however these have been as such for a long time so no change there. Looking forward to seeing the details but happy with how we're sitting right now.
 
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