Well done Armour. That's a decent reserves upgrade, and it's interesting how contingent converts to 1P, 2P etc.
A very detailed and positive announcement and it didn't escape me that they're now talking about the full capacity of the Kincora processing plant "The new wells are part of a 5 year appraisal and development plan to increase sales production in a staged approach to up to 30TJ's/d using the Kincora plant for processing and the Wallumbilla Hub as a sales point."
Greater and further upgrades to come.
AJQ Price at posting:
9.0¢ Sentiment: Buy Disclosure: Held