Falcon Oil & Gas (TSE:FO) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Falcon Oil & Gas Ltd., in partnership with Tamboran (B2) Pty Limited, has commenced drilling the second well, Shenandoah S2-4H, in Australia’s Beetaloo Sub-basin. This marks a significant step forward in their Shenandoah South Pilot Project, aiming for substantial exploration depth and production in the promising Amungee Member B-shale. Investors are keenly watching for early production results expected in the first quarter of 2025.
For further insights into TSE:FO stock, check out TipRanks’ Stock Analysis page.
