As part of the Stage 3 work programme, Falcon Oil & Gas has confirmed that it will embark on a fully-funded, high-impact, extensive work programme in 2022. The Company will drill, fracture stimulate and test two 2,000m+ horizontal wells, with the aim of providing line of sight to the commercialisation of the Beetaloo. The programme will focus on the Amungee Member B shale, following the successful production log test in 2021, which suggested a normalised gas flow rate of 5.2-5.8MMscf/d per 1,000 ....
25 Jan 2022
Cenkos: Falcon Oil & Gas Ltd The Single Biggest Year in the 1 Billion Year History of the Beetaloo
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Cenkos: Falcon Oil & Gas Ltd The Single Biggest Year in the 1 Billion Year History of the Beetaloo
Falcon Oil & Gas Ltd. (FOG:LON) | 6.7 0 0.0% | Mkt Cap: 70.0m
- Published:
25 Jan 2022 -
Author:
James McCormack -
Pages:
6
As part of the Stage 3 work programme, Falcon Oil & Gas has confirmed that it will embark on a fully-funded, high-impact, extensive work programme in 2022. The Company will drill, fracture stimulate and test two 2,000m+ horizontal wells, with the aim of providing line of sight to the commercialisation of the Beetaloo. The programme will focus on the Amungee Member B shale, following the successful production log test in 2021, which suggested a normalised gas flow rate of 5.2-5.8MMscf/d per 1,000 ....