I've been wondering why this land release hasn't been more prominent in the media reports. I recall when Senex was granted preferred tenderer for their land near Miles, it was all over the oil and gas sites I follow. Now that Armour have released their announcement that they were successful in their tender, I've been waiting for the same publicity.
According to the following media release from Qld Gov last night, I couldn't find much because it hasn't been made public yet. http://www.couriermail.com.au/news/...d/news-story/c6914620243dd997d405a899d0556f86
"This year the Government released a 58sq km block of land for tender in the Surat Basin and a further two parcels totalling 395sq km have now been released and preferred tenderers will be announced in late 2017."
My take on this, is that Armour have made the announcement but it's yet to hit mainstream media.
This will get a lot of attention.
AJQ Price at posting:
9.2¢ Sentiment: Buy Disclosure: Held