Falcon is a global energy company with projects in Hungary, Australia & South Africa

Developing large acreage positions of unconventional and conventional oil and gas resources

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Message: Mid May

WOOHOOOO Mid May is approaching... Does anyone have any knowledge about the news cycle that should follow schedule below. For example should we expect an announcement shortly about Rig 185 being recommissioned?

The beginning of Falcons rise has hopefully arrived :-)

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2016 Drilling and Testing Programme - Operational Schedule

Preparations for the joint venture's 2016 drilling, testing and hydraulic stimulation programme are progressing and on schedule:

  • Rig 185, commissioned from Saxon Energy Services Australia Pty. Ltd, has remained "warm stacked" at the Amungee NW-1H wellsite since November 2015 in order to commence operations as soon as weather conditions permit. Recomissioning of Rig 185 is expected to commence in mid-May 2016.
  • Re-entering the horizontal Amungee NW-1H well is scheduled for mid-June 2016, followed by a multi-stage fracture stimulation programme to test the Middle Velkerri "B" shale reservoir.
  • Civil works at the Beetaloo W-1 vertical well are expected to commence mid-May 2016 with spudding expected Quarter 3, 2016.
  • The regulatory approval process for the drilling of the second vertical well within EP-98 is ongoing with spudding scheduled to commence immediately post drilling Beetaloo W-1 well.
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