22nd Jan 2021 15:29
Falcon Oil & Gas Ltd - oil & gas company - Reports the first gas composition data obtained during the 17-hour unassisted flow period of the Kyalla 117 N2-1H ST2 well in the Beetaloo Sub-basin, Australia. The initial analysis of natural gas by gas chromatography confirms a liquids-rich gas stream low in CO2. Falcon says gas composition data also support the view that the Kyalla gas stream will have elevated liquefied petroleum gas and condensate yields. "The initial gas composition data are very encouraging providing a strong indication for the liquids rich gas play in the Kyalla formation. We will update the market when operations recommence at Kyalla 117 at the beginning of the dry season in the second quarter of 2021," says Chief Executive Philip O'Quigley.
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By Evelina Grecenko; [email protected]
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