30 January 2020 - Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) is pleased to announce the commencement of the sidetrack to drill the new horizontal production hole section of the Kyalla 117 N2-1H ST2 well in the Beetaloo Sub-Basin, Australia. This new horizontal section will again target a lateral length of 1,000 to 2,000 metres within the Lower Kyalla shale, at a depth of ~1,800mTVD.
Philip O’Quigley, CEO of Falcon commented:
“Drilling results to date have been encouraging, and Falcon remains very optimistic about the potential of the Lower Kyalla shale play. We look forward to updating the market as further results become available.”