Falcon Oil & Gas Ltd. provides an update on exploration activity with respect to Kyalla 117 N2-1H ST2 well (“Kyalla 117”) in the Beetaloo Sub-basin, Northern Territory, Australia.
As announced on 10 December 2020, the JV decided to execute operations without delay to re-enter Kyalla 117 with coiled tubing and apply nitrogen lift to lower the pressure in the wellbore and to assist with achieving and sustaining gas breakthrough. If successful, this would allow extended production testing to commence.
The coiled tubing unit and all necessary consumables have arrived at the wellsite and the rigging up of the equipment is in progress. Nitrogen lift operations are expected to commence in the next few days.