Fri, 3rd Sep 2021 07:00 Falcon Oil & Gas Ltd. - Amungee NW-1H - Normalised Gas Flow Rate Equivalent to 5 MMscf/d per 1,000m HorizontalFalcon Oil & Gas Ltd.(“Falcon”) Amungee NW-1H - Normalised Gas Flow Rate Equivalent to 5 MMscf/d per 1,000m Horizontal 3 September 2021 - Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) is pleased to provide results of the production log test at the Amungee NW-1H well (“Amungee”). The results suggest a normalised gas flow rate equivalent of between 5.2-5.8 MMscf/d per 1,000m of horizontal section. Amungee is located in the Beetaloo Sub-basin, Northern Territory, Australia and the testing conducted is part of the 2021 work programme which is operated by Falcon’s joint venture partner, Origin Energy B2 Pty Ltd., a wholly owned subsidiary of Origin Energy Limited (“Origin”).
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