Falcon Oil & Gas Completes Stimulation of 3,050-Metre Beetaloo Well

Reuters12-15
Falcon Oil & Gas Completes Stimulation of 3,050-Metre Beetaloo Well

Falcon Oil & Gas Ltd. has announced the completion of the stimulation program for the Shenandoah South SS2-1H well in the Beetaloo Sub-basin, marking a significant milestone for the joint venture with Tamboran (B2) Pty Limited. The program involved stimulating 58 stages across a 3,050-metre horizontal section within the Amungee Member B Shale, utilizing Liberty Energy's modern equipment and achieving wellhead injection rates consistently above 100 barrels per minute. Optimization during the campaign increased stage spacing, which is expected to reduce future costs. Three additional wells are planned for stimulation in the first half of 2026, with initial 30-day production flow rates anticipated in the first quarter of that year. Gas sales are expected to commence shortly thereafter, delivering the contracted 40 MMcf/d volume under the Gas Sales Agreement with the Northern Territory Government, subject to weather and final approvals.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Falcon Oil & Gas Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW1001144823-en) on December 15, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment