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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
 
aus der Diskussion: Falcon Oil - etwas Großes bahnt sich an
Autor (Datum des Eintrages): texas2  (22.08.19 20:33:50)
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