AJQ 3.13% 3.1¢ armour energy limited

cost of Myall Creek 4a, page-2

  1. 219 Posts.
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    Yeah i wondered this myself, and figured around $3.5million - $4million. This was based on Armour stating that the $6million GAP Funding grant would cover approx. 40% of the costs of 4 production wells. So $6million / 40% = $15million / 4 wells = $3.75million per well. They did also state that the costs included connection to the infrastructure as well.
 
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