Philip O’Quigley, CEO of Falcon Oil and Gas
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
Also in this section
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks
