Falcon flies high on Beetaloo gas

摘要

Ireland’s Falcon Oil & Gas has been buoyed by a RPS Energy report that has more than doubled the prospective natural gas reserves at its acreage in the Beetaloo Basin onshore Australia. Falcon said that the new reserve estimate had “considered the potential of the whole of the onblock basin”, and that it included data from the 2011 Shenandoah 1 well.