Falcon Oil & Gas (TSE:FO) has released an update.
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Falcon Oil & Gas Ltd., in partnership with Tamboran (B2) Pty Limited, has commenced drilling the second well, Shenandoah S2-4H, in Australia’s Beetaloo Sub-basin. This marks a significant step forward in their Shenandoah South Pilot Project, aiming for substantial exploration depth and production in the promising Amungee Member B-shale. Investors are keenly watching for early production results expected in the first quarter of 2025.
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