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IN BRIEF: Falcon Oil & Gas Partner Submits Discovery Report On Kyalla

19th Jan 2021 21:13

Falcon Oil & Gas Ltd - exploration and development company - Says Origin Energy B2 Pty Ltd, a subsidiary of Origin Energy Resources Ltd, Falcon's joint venture partner, has submitted a notification of discovery and an initial report on discovery to the Department of Industry, Tourism & Trade of the Northern Territory on the Kyalla 117 N2-1H ST2 well in the Beetaloo Sub-basin, Australia. The submission is supported by preliminary production test data and petrophysical modelling.

Current stock price: 8.50 pence, up 9.0% on Tuesday

Year-to-date change: down 4.5%

By Evelina Grecenko; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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