Falcon Oil & Gas Ltd. Falcon Oil & Gas Ltd. - Operational Update - Kyalla 117 N2-1H St2
04/11/2020 7:00am
UK Regulatory (RNS & others)
TIDMFOG Falcon Oil & Gas Ltd. ("Falcon") Operational Update - Kyalla 117 N2-1H ST2 4 November 2020 - Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) notes that operations continue following the hydraulic stimulation at Kyalla 117 N2-1H ST2 well in the Beetaloo Sub-basin, Northern Territory, Australia. Following a short initial flow back of hydraulic fracture stimulation fluid to surface the well was subsequently shut in and production tubing was successfully installed and tested. Flow back operations recommenced in late October, with the well currently flowing back at a rate of approximately 500 bbl/d with minor gas breakthroughs observed to date. Further updates will be provided to the market as appropriate. Ends.
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