Three-Well Drilling Campaign Begins in Beetaloo Basin, Northern Australia

Falcon Oil & Gas announced Friday that operations have commenced on a three-well drilling campaign in the Beetaloo Basin, located in Australia's Northern Territory state.

Civil works on the first well, Kalala S-1, are now under way with spud expects at the end of June. Kalala S-1 will be drilled to a total depth of approximately 9,200 feet, which will take from 35 to 50 days to complete, according to Falcon.

Falcon CEO Philip O’Quigley commented in a company statement:

"We are delighted to announce the commencement of drilling operations and the expected spudding of the first of our three well fully funded drilling campaign by the end of June 2015, in this highly attractive basin. We look forward to exploring the potential of the Beetaloo Basin in Australia with our partners and updating the market with further details in due course."

Kalala S-1 is located within exploration permit 98. The well will be operated by Origin Resources Limited, which holds a 35-percent interest in the project. Sasol Petroleum Australia Limited holds a 35-percent stake, while Falcon holds the remaining 30 percent.



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Shell to Sell Gabon Onshore Assets for... (Mar 24)
 -  Industry Pros Gather for Offshore Achi... (Mar 24)
 -  Statoil Makes North Sea Oil, Gas Disco... (Mar 24)
 -  Report: Hiring Managers See Salaries S... (Mar 23)
 -  Repsol Chooses Atlas for Onshore, Offs... (Mar 23)


Most Popular Articles

From the Career Center
Jobs that may interest you
Packer
Expertise: Storeman|Warehouse Person
Location: Lovell
 
Drivers
Expertise: Heavy Machinery Operator|Rig Mover|Truck / HGV Driver
Location: Midland, TX
 
Class A CDL Drivers INTERVIEW OPPORTUNITY
Expertise: Motorman
Location: San Antonio, TX
 
search for more jobs

Brent Crude Oil : $50.56/BBL 0.15%
Light Crude Oil : $47.7/BBL 0.70%
Natural Gas : $3.05/MMBtu 1.32%
Updated in last 24 hours