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Falcon Oil delighted with flow test result from Amungee

Philip O'Quigley, Falcon’s chief executive, said the results were a significant milestone in the exploration programme
picture of pressure meters
Flow rates were consistent throughout the test

Falcon Oil & Gas Ltd (CVE:FO LON:FOG) reported that an extended production test of the Amungee NW-1H horizontal well confirmed consistent gas flows of more than one million cubic feet per day.

Partner Origin Resources released the results, which showed initial production over the first 30 days averaged 1.11 MMscf/d with a rate of 1.10 MMscf/d over the whole 57 days of testing and a final rate of 1.07 MMscf/d.

Philip O'Quigley, Falcon’s chief executive, said the results were a significant milestone in the exploration programme and will be used to evaluate a contingent resource at Beetaloo in Australia’s Northern Territory.

There is currently a moratorium on fracking in the region while the government assesses its impact.

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