Sept 11 (Reuters) - Armour Energy Ltd AJQ.AX :
* Execution of agreements with American energy partners AJQ.AX
* Additional cash payments of up to US$23M to Armour
* Says binding agreements signed with American energy for upsized US$130M farmout
* 9.9% placement to American energy at A$0.20 per share for A$6.74M
* Says additional cash payments of up to US$23M to Armour
* Says 21.5 million acres farmin area now increased to 29.3m acres by addition of ep177 and ep178
* American energy to assist Armour to access up to US$130M of debt funding for armour's share of phase 2 appraisal and development costs
* American energy to assist Armour to access up to US$130M of debt funding for armour's share of phase two appraisal and development costs
* Says cash payment to Armour increased from US$11M to US$13M on closing of the farmout agreement with American energy
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