Falcon Oil & Gas Ltd reports encouraging drilling data from Kyalla 117 N2-1

  • Falcon Oil & Gas Ltd. (FOG) released an encouraging drilling data from Kyalla 117 N2-1 Vertical Well.
  • The company reported that drilling of the vertical section had been completed to a total vertical depth of 1,895 metres for the Australia’s Kyalla 117 N2-1 appraisal well in the Beetaloo Sub-Basin.
  • The preliminary drilling confirmed the elevated gas show with comparatively high-level of C3, C4 and C5 elements being detected throughout the carbonaceous shales.
  • It was further reported that the horizontal drilling would commence after the final assessment of the vertical well results, and once it is completed, the horizontal section will be fracture stimulated, and production tested.