Exploration & Production | Top Story | Seismic
Falcon's Beetaloo Seismic Confirms Unconventional Oil, Gas Plays
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Falcon Oil & Gas Ltd. has reported an operational update on its Beetaloo Basin operations onshore Australia.
Highlights:Beetaloo Basin - Australia
Evaluation of new seismic confirms three distinct hydrocarbon plays An unconventional oil play An unconventional gas play A conventional play of prominent structural ridges near the basin margins On-going evaluation of core and well data supports presence of world class oil source rocks in Beetaloo with TOC values in excess of 10% Falcon approached by several oil and gas companies interested in farming in Farmout progressing well with the objective to ensure that all the plays are drilled. Successful consolidation of interest in Australia with the acquisition of Sweetpea's 24% holding completed Results of Seismic Program in Beetaloo…- ✓ Full news archive — U.S., Canada & international coverage
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