About Timor Resources
Timor Resources Pty Ltd is a privately owned Australian oil and gas company, incorporated in 2016, for the sole purpose of exploring for oil and gas in onshore Timor-Leste, formerly East Timor.
Timor Resources is the Operator, in two highly prospective onshore exploration blocks in Timor-Leste. In partnership with The National Oil Company TIMOR GAP, Timor Resources will drill a number of exploration wells, across the two permits in 2020/21. Timor Resource’s business model is to ensure it is sufficiently funded through all stages of its work program, to support the dynamic and active exploration programs.
A 5-well exploration program has been designed to test a number of play types with multiple targets in each well (considerable 100’s to 1000+ millions of barrels of recoverable oil, upside in each prospect).