Falcon Oil starts 2021 work program at Beetaloo
posted on
Jun 22, 2021 06:10PM
Developing large acreage positions of unconventional and conventional oil and gas resources
2021-06-22 06:03 ET - News Release
Mr. Philip O'Quigley reports
FALCON OIL & GAS LTD. - COMMENCEMENT OF THE 2021 WORK PROGRAMME - BEETALOO SUB-BASIN
Falcon Oil & Gas Ltd. has commenced the 2021 work program, starting with operations at Kyalla 117 N2-1H ST2 in the Beetaloo subbasin, Northern Territory, Australia, with its joint venture partner, Origin Energy B2 Pty. Ltd., a wholly owned subsidiary of Origin Energy Ltd.
On-site operations at Kyalla 117 have begun, with rigging up now complete and cleanup operations resumed. These operations, if successful, will result in an extended production test (EPT) being carried out to determine the expected longer-term performance of the well.
Further details on the 2021 work program, including proposed activity at Velkerri 76 and Amungee NW-1H, are set out below.
Kyalla 117
Kyalla shale play summary:
Results to date:
Velkerri 76
Velkerri shale play summary:
2021 work program includes:
Amungee NW-1H
Results to date:
2021 work program includes:
Philip O'Quigley, chief executive officer of Falcon, commented: "The commencement of operations at Kyalla 117 is an exciting first step for the planned 2021 work program, which will cover three different plays in the Beetaloo, providing key information that will help determine the future appraisal and development program. We look forward to providing results as soon as they become available."
This announcement has been reviewed by Dr. Gabor Bada, Falcon Oil & Gas's head of technical operations. Dr. Bada obtained his geology degree at the Eotvos L. University in Budapest, Hungary, and his PhD at the Vrije Universiteit Amsterdam, the Netherlands. He is a member of American Association of Petroleum Geologists.