Falcon Oil & Gas Ltd V.FO

Alternate Symbol(s): FOLGF

Energy Oil & Gas E&P

Falcon Oil & Gas Ltd. is an international oil and gas company. The Company is engaged in the exploration and development of unconventional oil and gas assets, with the portfolio focused in Australia, South Africa and Hungary. Its principal interest is located in two underexplored basins in Australia and South Africa, with further interest in Hungary, covering over 12.3 million gross acres. Its Beetaloo Sub-basin project is located in the Northern Territory, over 600 kilometers south of Darwin. The Company holds a Technical Cooperation Permit, covering an area of over 30,327 square kilometers in the southwest Karoo Basin, South Africa. The Karoo Basin contains thick, organic rich shales, such as the permain whitehill formation representing the focus of shale gas permit applications. Its Mako Production License (Mako Trough) is a sedimentary basin located in south-eastern Hungary in the mature Pannonian basin. Mako Trough includes two plays: Mako Shallow Play and Mako Deep Play.

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Falcon Oil & Gas Ltd > Falcon Oil & Gas Ltd. - Stellar IP30 Day Flow Rates Advances

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Comment by hikarion Feb 26, 2024 5:25am

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Post# 35898469

RE:RE:Falcon Oil & Gas Ltd. - Stellar IP30 Day Flow Rates Advances

The Beetaloo JV Partners of Falcon and Tamboran B2 Pty Limited will now progress development plans for the proposed 40 MMcf/d Pilot Project at the Shenandoah South location.

The project is expected to require six 10,000-foot development wells initially to achieve plateau production of 40 MMcf/d.

Drilling of the first of these wells is planned to commence in Q2 2024 and the JV is targeting first gas in H1 2026.

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Advancing flagship Ishkõday Gold Project in Ontario