Falcon pursues Australian shale gas opportunities
The AIM- and TSX-listed independent sees huge opportunities in Australia’s Northern Territory
Australia’s Beetaloo sub-basin is very attractive because it comprises a vast shale play, says Philip O’Quigley, CEO of Dublin-headquartered Falcon Oil and Gas. The Beetaloo shale, in particular the Amungee Member B shale targeted by Falcon, displays similar characteristics—including porosity, permeability, thickness and total organic content (TOC)—to prominent US shale fields, particularly Marsellus and Barnett shale. Falcon (22.5pc) and ASX-listed Origin Energy (77.5pc) are partners in three exploration permits, EP76, EP98 and EP117, in the sub-basin. Appraisal work is already well under way, with pilot production planned to start in 2023, O’Quigley says. Then production is scheduled to sc
![](/images/white-fade.png)
Also in this section
19 August 2024
Uncertainty persists in South Sudan’s oil sector, potentially threatening the viability of the young nation itself