Agoracom: Small Cap Investment - Falcon Oil and Gas Ltd.

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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Beetaloo

lanman1

Oct 31, 2009 02:38PM

lanman1

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Re: Beetaloo

in response to

Beetaloo

lanman1

posted on Oct 31, 2009 03:23PM

>And yet on the next page of the presentation, it says "TD 2714M"

From one of the documents in my Beetaloo collection:

"The top of the Bessie Creek Sandstone is expected to be encountered at depths ranging from 2,200 to 2,700 meters in the deeper portions of the basin."

So it looks like they stopped drilling at the top of the Bessie Creek formation, which is the formation that is estimated to contain most of the gas. (39 TCF of the estimated 64 TCF)

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