Fracture stimulation has been completed at what could be the “pivotal well” for the Beetaloo. 25 stimulation stages have been completed across a 1,020m horizontal section within the Amungee Member B Shale (more than double the concentration of any previous Falcon well). Stimulation fluid flow back will commence imminently and is estimated to take several weeks before the well is shut-in for installation of production tubing. A 30-day initial flow rate (IP30) is expected during Q2/23. We estimate ....

22 Mar 2023
Cenkos: Falcon Oil & Gas Ltd -- Amungee 2H Flow Rates Expected During Q2/23

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Cenkos: Falcon Oil & Gas Ltd -- Amungee 2H Flow Rates Expected During Q2/23
Falcon Oil & Gas Ltd. (FOG:LON) | 9.6 0 0.0% | Mkt Cap: 100.3m
- Published:
22 Mar 2023 -
Author:
James McCormack -
Pages:
5 -
Fracture stimulation has been completed at what could be the “pivotal well” for the Beetaloo. 25 stimulation stages have been completed across a 1,020m horizontal section within the Amungee Member B Shale (more than double the concentration of any previous Falcon well). Stimulation fluid flow back will commence imminently and is estimated to take several weeks before the well is shut-in for installation of production tubing. A 30-day initial flow rate (IP30) is expected during Q2/23. We estimate ....