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The latest update is out from Falcon Oil & Gas ( (TSE:FO) ).
Falcon Oil & Gas Ltd announced the successful completion of a three-well batch drilling campaign in the Beetaloo Sub-basin, marking the largest drilling program in the area. This campaign, executed with joint venture partner Tamboran (B2) Pty Limited, achieved significant drilling efficiency improvements, setting a record for the fastest horizontal section drilled in the Amungee Member B-shale. The wells are set to undergo stimulation, with gas sales expected to commence in mid-2026, enhancing Falcon’s operational momentum and positioning in the unconventional gas market.
More about Falcon Oil & Gas
Falcon Oil & Gas Ltd is an international company focused on the exploration and development of unconventional oil and gas assets, primarily in Australia. Incorporated in British Columbia, Canada, and headquartered in Dublin, Ireland, the company operates through its subsidiary Falcon Oil & Gas Australia Limited.
See more data about FO stock on TipRanks’ Stock Analysis page.