Armour Energy Limited (ASX:AJQ) et al - Voluntary Administration

Armour Energy Limited (ASX:AJQ) et al, a Brisbane-based shale gas exploration and production company, entered voluntary administration on 10 November, following a period of losses ($11 million in the last financial year) and unsuccessful attempts by the company to repay its outstanding senior secured notes. Jonathan Henry, Damien Pasfield and Mark Holland of McGrath Nicol were appointed administrators, while Richard Tucker and Robert Hutson of KordaMentha were appointed receivers.