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: President and CEO Updates Falcon Oil and Gas Shareholders

“The initial phase of the programme involves drilling out cement plugs and running and cementing casing in the wellbore. Once that is finished the completion and testing crews will take over. Five intervals are to be tested, three of them involving fracture stimulation of shale intervals. Given that this is a vertical well rather than a horizontal well, we are not expecting high flow rates from any individual shale interval. However, any flow of hydrocarbons to surface will be viewed positively and help steer our planning for further wells in the 100,000 acre Shenandoah area that is 100% owned and controlled by Falcon Australia.”

Basically, the testing of the Shenandoah well will determine where to drill horizontally. See the 2 slides from Falcon Australia’s presentation last December.

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