{"id":66839,"title":"Falcon Oil & Gas Ltd. (LON:FOG) Kyalla 117 N2-1 – Horizonal Drilling Commenced","publisher":"Share Talk","author":"sharetalk","published":"2019-12-10T08:55:54+00:00","modified":"2019-12-10T08:55:54+00:00","canonical_url":"https://www.share-talk.com/falcon-oil-gas-ltd-lonfog-kyalla-117-n2-1-horizonal-drilling-commenced/","markdown_url":"https://www.share-talk.com/falcon-oil-gas-ltd-lonfog-kyalla-117-n2-1-horizonal-drilling-commenced.md","json_url":"https://www.share-talk.com/falcon-oil-gas-ltd-lonfog-kyalla-117-n2-1-horizonal-drilling-commenced.json","category":"Energy","categories":["Energy"],"tags":["Australia","Falcon Oil & Gas","FOG"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/11/Stencil-Google-Chrome-2023-04-19-at-2.47.43-PM.jpeg?fit=1231%2C615&quality=89&ssl=1","format":"news","language":"en-GB","content":"10 December 2019 – Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) is pleased to announce that drilling of the horizontal section of the Kyalla 117 N2-1H appraisal well in the Beetaloo Sub-Basin, Australia has commenced, along with the advancement of the vertical well evaluation.\n\n**Drilling of the Kyalla 117 N2-1H horizontal well has commenced**\n\n![](https://www.share-talk.com/wp-content/uploads/2019/12/Image-2019-12-10-at-8.47.45-AM-1-255x300.png)\n\n- The JV has elected to land the horizontal well within the Lower Kyalla shale, at a depth of ~1800mTVD.\n\n- The horizontal section will be drilled for approximately 1,000-2,000 metres.\n\n- On completion of drilling, the horizontal section will be fracture stimulated and production tested.\n\n**Evaluation of the Kyalla 117 N2-1 vertical well advances**\n\n- Three source rock reservoir (“SRR”) sections are identified within the Kyalla Shale Formation, characterised as the Lower, Middle and Upper Kyalla.\n\n- The thickness of the entire Kyalla Shale Formation measured almost 900 metres.\n\n- Gross thickness of each SRR interval is between 75 and 125 metres.\n\n- Each SRR exhibited elevated gas shows with relatively high C3, C4 and C5 components.\n\n- Diagnostic fracture injection tests (“DFITs”) were performed on each SRR.\n\n![](https://www.share-talk.com/wp-content/uploads/2019/12/Image-2019-12-10-at-8.46.21-AM-300x294.png)\n\nOngoing analysis of conventional cores acquired in each of the Upper and Lower Kyalla reservoir sections, along with sidewall cores, DFITs and extensive wireline logging, will enable a full-scale evaluation of prospectivity of the Kyalla Formation in the central part of the Beetaloo Sub-Basin.\n\n**Philip O’Quigley, CEO of Falcon commented:**\n\n“Ongoing evaluation of the of the Kyalla 117 N2-1 vertical appraisal well is very encouraging. The drilling of a 1,000-2,000 metre horizontal well in the Lower Kyalla shale has started and we will continue to update the market as soon as more results become available”.\n\n "}