Finally...
Can't wait to see some test results.
Falcon Oil & Gas Ltd. - Kyalla 117 N2 Horizontal Appraisal Well EMP Approved
GlobeNewswireAugust 22, 2019, 2:00 AM EDT
FALCON OIL & GAS LTD.
(“Falcon”)
Kyalla 117 N2 Horizontal Appraisal Well EMP Approved
22 August 2019 - Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG, Euronext Growth: FAC) is pleased to announce that the Environmental Management Plan (“EMP”) for the Kyalla 117 N2 horizontal appraisal well, for the planned 2019 drilling, stimulation, and well testing prepared by Origin Energy B2 Pty Ltd. (“Origin”) on behalf of the JV, has been approved by the Northern Territory Department of Environment and Natural Resources.
Kyalla 117 N2 Horizontal Appraisal Well
The well is targeting the Kyalla shale liquids rich gas fairway
Construction of the well pad and related civil works is nearing completion
Drilling operations will commence in September
Philip O’Quigley, CEO of Falcon, commented:
“Today’s announcement relating to the approval of the Kyalla 117 N2 Well EMP targeting the Kyalla shale liquids rich gas fairway is an exciting development for Falcon shareholders. We look forward to the commencement of drilling operations.”
For further information, please contact:
CONTACT DETAILS:
Falcon Oil & Gas Ltd.
+353 1 676 8702
Philip O'Quigley, CEO
+353 87 814 7042
Anne Flynn, CFO
+353 1 676 9162
Davy (NOMAD, Euronext Growth Advisor & Joint Broker)
John Frain / Barry Murphy
+353 1 679 6363
RBC (Joint Broker)
Matthew Coakes / Martin Copeland
+44 20 7653 4000
Cenkos Securities plc (Joint Broker)
Neil McDonald / Derrick Lee
+44 131 220 9771
