Armour Energy loses $8.3m in second half of 2017

ARMOUR Energy, operator of the Kincora gas plant in Queensland, posted a A$8.3 million loss for the last six months of 2017, and sales revenue of $3.1 million. 

Armour Energy loses $8.3m in second half of 2017 Armour Energy loses $8.3m in second half of 2017 Armour Energy loses $8.3m in second half of 2017 Armour Energy loses $8.3m in second half of 2017 Armour Energy loses $8.3m in second half of 2017

Armour's Kincora gas plant

Although costs blew out on Kincora on the Roma Self in the Bowen-Surat Basin in Queensland, Armour reported last month that it had achieved production and sales of nine terrajoules of gas a day.