Falcon Oil and Gas Provides Update on Kyalla 117 N2-1H ST2

Source: www.gulfoilandgas.com 9/14/2021, Location: Not categorized

Falcon Oil & Gas has announced that operations have resumed at Kyalla 117 N2-1H ST2 in the Beetaloo Sub-Basin, Northern Territory, Australia with the joint venture partner, Origin Energy B2, a wholly owned subsidiary of Origin Energy.

As noted in the Company’s press release on 20 July 2021, while Kyalla 117 flowed liquids rich gas without assistance for intermittent periods, production was not sustained and there was evidence of a potential downhole flow restriction.

Current operations, if successful in resolving the restriction, will result in an extended production test being carried out to determine the expected longer-term performance of the well. As a reminder to shareholders, Falcon is fully carried for all of the capex associated with this work.


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