---
title: "Falcon Oil & Gas Ltd ( AIM:FOG TSX-V:FO ) Jumps Over 40% on Stellar Australian Drill Results"
publisher: "Share Talk"
author: "sharetalk"
published: "2025-06-16T09:50:33+00:00"
modified: "2025-06-16T09:50:33+00:00"
date: 2025-06-16
canonical: "https://www.share-talk.com/falcon-oil-gas-ltd-aimfog-tsx-vfo-jumps-over-40-on-stellar-australian-drill-results/"
category: "Energy"
categories: ["Energy"]
tags: ["Anne Flynn", "Australia", "Beetaloo Sub-Basin", "British Columbia", "canada", "Falcon Oil & Gas", "Falcon Oil & Gas Ltd", "FOG", "frack stages", "Liberty Energy", "Mr. Viktor Vekselberg", "natural gas", "Northern Territory", "Origin Energy", "Philip O’Quigley", "Share Talk", "South Africa", "Toronto"]
image: "https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/06/Rro-mkLq-750x406-1.webp?fit=750%2C406&quality=80&ssl=1"
format: "news"
language: "en-GB"
---

# Falcon Oil & Gas Ltd ( AIM:FOG TSX-V:FO ) Jumps Over 40% on Stellar Australian Drill Results

**Published:** June 16, 2025
**Author:** sharetalk
**Categories:** Energy
**Tags:** Anne Flynn, Australia, Beetaloo Sub-Basin, British Columbia, canada, Falcon Oil & Gas, Falcon Oil & Gas Ltd, FOG, frack stages, Liberty Energy, Mr. Viktor Vekselberg, natural gas, Northern Territory, Origin Energy, Philip O’Quigley, Share Talk, South Africa, Toronto
**Featured image:** ![](https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/06/Rro-mkLq-750x406-1.webp?fit=750%2C406&quality=80&ssl=1)

---

**Falcon Oil & Gas Shares Surge on Record Beetaloo Well Results**

Shares in **Falcon Oil & Gas Ltd (AIM: FOG, TSX-V: FO)** surged as much as 40% in early trading on Monday morning after the company [reported record-breaking gas production](https://www.londonstockexchange.com/news-article/FOG/falcon-oil-gas-ltd-another-stellar-ip30-flow-test-result-in-the-beetaloo/17086658) from its SS-2H ST1 well in Australia’s Beetaloo Sub-basin.

The well delivered a 30-day initial production (IP30) rate of 7.2 million cubic feet per day (MMcf/d)—the highest ever recorded in the Beetaloo. The result, achieved over a 1,671-metre lateral, places it among the top-performing wells globally, rivalling benchmarks in the Marcellus shale.

The performance significantly enhances Falcon’s development credentials as it progresses a five-well programme tied to a 40 MMcf/d gas sales agreement.

Calling the result “truly stellar,” CEO Philip O’Quigley said

“The IP30 flow rate results announced today of 7.2 MMcf/d, are truly stellar and marks another major data point in the Beetaloo Sub-basin again demonstrating that it compares to the best shale wells in the United States. Not only did the results exceed Falcon’s pre-drill commercial threshold of a normalised flow rate of 3 MMcf/d per 1,000 metres but had similar flow rates and pressures to SS-1H and SS-2H ST1, which all point towards the significant resource potential of the Beetaloo.

Falcon looks forward to the planned completion and testing of SS-4H by the end of 2025 and also to observing the results from the next three wells of the Shenandoah South drilling program and the additional milestones they will establish.

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**Original URL:** https://www.share-talk.com/falcon-oil-gas-ltd-aimfog-tsx-vfo-jumps-over-40-on-stellar-australian-drill-results/
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