Falcon Oil & Gas Ltd (UK) (TSE:FO) has released an update.
Falcon Oil & Gas Ltd. reports that the Shenandoah South 1H well has achieved promising initial production flow rates, suggesting strong potential for future development. This well’s performance, mirroring some of the best outcomes seen in the Marcellus Shale in the US, supports the company’s plans for the upcoming Shenandoah South Pilot Project. With recent funding secured, Falcon is well-positioned to advance its drilling and testing program.
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