Kincora reserves upgraded

ARMOUR Energy has boosted its 2P reserves at the Kincora oil and gas project in the Bowen-Surat Basin with an upgrade from contingent resources now that it has started to re-establish production and has a clear path to gas sales to Australia Pacific LNG.

Kincora reserves upgraded Kincora reserves upgraded Kincora reserves upgraded Kincora reserves upgraded Kincora reserves upgraded
Following the independent review 2P reserves are now at 56.82 petajoules, with 117,228 tonnes of LPG and 564,700 barrels of condensate.
 
The 3P upside is almost 158PJ, 326,000t and 1.57MMbbl.

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