• A 20,000km² airborne geophysical survey scheduled to commence in early July 2021.
• Largest airborne survey of its type to be undertaken in the Northern Territory - equivalent to the size of Wales.   
• The survey is expected to provide clear focus areas of exploration interest.
• Survey also to de-risk, rank and high-grade existing leads and prospects and help form new leads and prospects - helping identify future drill targets.  
• The survey is a non-invasive, low to zero environmental impact program that is scheduled for approximately 35 days. 

Armour Energy today announce that Pinemont Technologies Australia Pty Ltd, a specialist geophysical service provider, has been engaged to acquire approximately 20,000km² of airborne geophysical data over of its Northern Territory acreage. 

The airborne survey will cover all or substantial portions of five (5) exploration permits (EPs 171, 174, 176, 190 and 191) and one (1) exploration application area (EP(A) 193) which cover the Batten Trough and Fault Zone and a conventional oil and gas fairway encompassing the Coxco Dolomite and McArthur and Tawallah Group prospects and structural closures (see map below). 

Armour’s large portfolio of leads and prospects includes multiple features within four geological horizons that are adjacent to or lie directly over deeper parts of the McArthur Basin and the Beetaloo sub-basin that are proven hydrocarbon kitchens. These kitchen areas are known to produce both oil and gas as demonstrated by several of the Company’s discoveries across multiple conventional and unconventional hydrocarbon bearing zones -  in the conventional Reward and Coxco Dolomites and in the unconventional Barney Creek, Wollogorang and McDermott Shales - within the exploration permits along the Batten Trough and Fault Zone conventional play fairway within the airborne survey coverage area. 

To date the Company has identified 193 conventional leads and prospects along this conventional play fairway and the airborne survey is aimed at both high-grading these existing leads and prospects and identifying additional conventional leads and prospects along the conventional play fairway.   

The Company has engaged geophysical technology company, Pinemont Technologies Australia Pty Ltd to undertake the largest private airborne geophysical survey ever acquired in the Northern Territory using their patented passive airborne survey technology (AEM-PTP). The technology underpinning the AEM-PTP system measures a geophysical response associated with variability in elements of the earth’s electromagnetic field interacting with REDOX cells. REDOX cells can form in association with the upward fluid flow of migrating hydrocarbons and/or micro-seepage from hydrocarbon accumulations.

The application of airborne technology has significant advantages as a data acquisition method including its non-invasive nature and the ability to collect data over large areas in both a timely and cost-effective manner. Once processed and interpreted, the data collected will help to mitigate risk associated with potential hydrocarbon migration pathways and hydrocarbon reservoir charge.

KeyFacts Energy: Armour Energy Australia country profile