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Falcon's Kalala S-1 Well Results Impress in Beetaloo Basin
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Falcon Oil & Gas reported that drilling operations have successfully concluded on the Kalala S-1 well. Results encountered are very encouraging, with the well drilled to a total depth (TD) of 2,619 meters.
Preliminary evaluation of the Kalala S-1 vertical exploration well confirms: the presence of a thick Middle Velkerri source rock sequence in the Beetaloo Basin permit EP98, falling in a highly prospective gas mature depth window; a gross interval of over 500 meters shale gas with net pay exceeding 150 meters; the presence of moveable hydrocarbons in the form of elevated gas shows; a number of prominent good quality sandy/silty reservoir sections measuring between 50 and 80 meters in thickness, each representing potential candidates for horizontal drilling; excellent potential for gas…- ✓ Full news archive — U.S., Canada & international coverage
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