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 holding PSC TL OT 1708 and PSC TL OT 1709 Timor-Leste. Working in partnership with the National Oil Company of Timor-Leste. Timor Resources drilled the first 3 exploration wells in 2021.
Significant oil and gas was discovered and efforts to appraise these discoveries is now underway.
The mission of the company is “to unlock the onshore energy resource potential of Timor-Leste thereby improving the life of and creating wealth for the people of Timor-Leste whilst providing significant returns to our shareholders.”
Drilling Success
Certified by independent experts, Molyneaux and Associates March 2024.
Our Milestones
TR Portfolio Pmean 6.9 Tcf, 343 MMbbls assessed by Molyneux Advisors (March 2025).
Well Testing were carried out
Successful testing of the Lafaek-1 gas discovery was undertaken.
Third Exploration well spud
Second Exploration Well Spud
Targeting the Triassic and Jurassic reservoirs, TD is planned to be 3500m. Drilling started early September 2022.
First Exploration Well drilled by the company
Drilling Rig & 900 tonnes of casing arrived in Timor
Second Exploration Well drilled by the Company.
Oil discovered. Schlumberger undertake a mini DST and light sweet oil 44API is collected.
Timor Resources successfully acquires the Fafulu
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 Joint Venture
Timor Leste became a free, democratic, stable country
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.