About
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 onshore Timor-Leste, formerly East Timor.
Timor Resources is the Operator, in two highly prospective onshore exploration blocks in Timor-Leste. Working in partnership with the National Oil Company of Timor-Leste. Timor Resources drilled the first 2 exploration wells in 2021.
Significant oil was discovered in the second exploration well the company drilled and efforts to appraise this discovery is now underway. Two additional exploration wells have been planned to test a number of different play types with multiple targets in each well.
Our Milestones
Third Exploration well spud
The company is currently drilling the deep well called Lafaek-1.
Targeting the Triassic and Jurassic reservoirs, TD is planned to be 3500m. Drilling started early September 2022.
Targeting the Triassic and Jurassic reservoirs, TD is planned to be 3500m. Drilling started early September 2022.
First Exploration Well drilled by the company
Karau-1. Oil discovered by Timor Resources. API 37 light sweet oil samples were recovered at depth by Schlumberger who logged the well, completeing mini DST.
Drilling Rig & 900 tonnes of casing arrived in Timor
Timor Resources intended to spud the first exploration well, however, COVID 19 brought operations to a standstill.
Second Exploration Well drilled by the Company.
Kumbilli-1, in PSC TL OT 17 08.
Oil discovered. Schlumberger undertake a mini DST and light sweet oil 44API is collected.
Oil discovered. Schlumberger undertake a mini DST and light sweet oil 44API is collected.
Timor Resources successfully acquires the Fafulu
Timor Resources successfully acquires the Fafulu 2018 2D seismic survey with 183 line km’s across Block A.
This survey is the first onshore seismic survey in 25 years and represents a quantum shift forward in imaging quality.
Timor Resources proudly employed 500 Timorese skilled and unskilled workers on contracts to support the project.
This survey is the first onshore seismic survey in 25 years and represents a quantum shift forward in imaging quality.
Timor Resources proudly employed 500 Timorese skilled and unskilled workers on contracts to support the project.
Timor Resources opened an office in Dili
Timor Resources opened an office in Dili in early 2017, employing highly experienced exploration personnel from Australia, the UK and locally from Timor-Leste.
Timor Resources Joint Venture
Timor Resources entered into an unincorporated Joint Venture with Timor-Leste national oil company Timor-Gap
Timor Leste became a free, democratic, stable country
Timor Leste became a free, democratic, stable country where independent and democratic elections are held.
Over this 16 year period Timor-Leste worked to become an independent new nation, defining a rule of law, that met the 98% Catholic population’s approval.
The constitution and legal framework ensured that the natural resources should be developed consistent with the National interest.
Timor-Leste held three peaceful elections, with opposite sides of politics holding Government through democratic process. Regardless of political party, full support was in place for onshore development of oil.
This was a an era of rapid growth, peace and cooperation, with a focus by the Timorese Government, to follow the National Strategic Plan for the development of the nation.
Timor-Leste’s onshore potential had remained untapped for the last fifty years. There had been much focus offshore, with the success offshore exceeding 5 billion barrels of oil recovered from the Bayu-Undan and Kitan fields in the Timor Sea.
Over this 16 year period Timor-Leste worked to become an independent new nation, defining a rule of law, that met the 98% Catholic population’s approval.
The constitution and legal framework ensured that the natural resources should be developed consistent with the National interest.
Timor-Leste held three peaceful elections, with opposite sides of politics holding Government through democratic process. Regardless of political party, full support was in place for onshore development of oil.
This was a an era of rapid growth, peace and cooperation, with a focus by the Timorese Government, to follow the National Strategic Plan for the development of the nation.
Timor-Leste’s onshore potential had remained untapped for the last fifty years. There had been much focus offshore, with the success offshore exceeding 5 billion barrels of oil recovered from the Bayu-Undan and Kitan fields in the Timor Sea.
12 wells were drilled
12 wells were drilled in the late 1968-1972 with 4 oil discoveries in Block A, mostly light oil in character and up to 45°API.