FOG

Falcon Oil & Gas Ltd - Shenandoah South - 1H well IP60 Day Flow Rates of 3.0 MMcf/d (normalised to 6.0 MMcf/d)

Retrieved on: 
Tuesday, March 26, 2024

26 March 2024 – Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) is pleased to announce that the Shenandoah South 1H (SS-1H) well in EP117 achieved above commercial IP60 flow rate of 3.0 MMcf/d (normalised to 6.0 MMcf/d over 1,000 metres).

Key Points: 
  • 26 March 2024 – Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) is pleased to announce that the Shenandoah South 1H (SS-1H) well in EP117 achieved above commercial IP60 flow rate of 3.0 MMcf/d (normalised to 6.0 MMcf/d over 1,000 metres).
  • Flow testing of the SS-1H well will continue for the next 30 days to achieve average IP90 flow rates to better determine the well’s estimated ultimate recovery per well (EUR).
  • The project is expected to require six 10,000-foot development wells initially to achieve plateau production of 40 MMcf/d.
  • This augurs well for the initial development in the Shenandoah South area as these rates continue to track average flow rates seen in the Marcellus Shale basin in the US.”

Falcon Oil & Gas Ltd. - Stellar IP30 Day Flow Rates Advances the Beetaloo to Pilot Development

Retrieved on: 
Monday, February 26, 2024

The IP30 flow test extrapolates to ~19.5 MMcf/d for proposed future 10,000-foot (3,000 metres) development wells, in line with some of the highest flow rates achieved in the US Marcellus shale.

Key Points: 
  • The IP30 flow test extrapolates to ~19.5 MMcf/d for proposed future 10,000-foot (3,000 metres) development wells, in line with some of the highest flow rates achieved in the US Marcellus shale.
  • Flow testing of the SS-1H well will continue for the next 60 days to achieve average IP90 flow rates to better determine the well’s EUR.
  • The Beetaloo JV Partners of Falcon and Tamboran B2 Pty Limited will now progress development plans for the proposed 40 MMcf/d Pilot Project at the Shenandoah South location.
  • “The IP30 flow rate announced today of 3.2 MMcf/d, normalised to 6.4 MMcf/d over 1,000 metres, are truly stellar and mark a major turning point in the Beetaloo Basin.

Falcon Oil & Gas Ltd. - Beetaloo Update and Investor Q&A

Retrieved on: 
Monday, February 19, 2024

19 February 2024 – Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) is pleased to announce that Philip O’Quigley, Falcon’s CEO, will conduct a Q&A via the Investor Meet Company platform on 26 February 2024 at 4:00pm (London time).

Key Points: 
  • 19 February 2024 – Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) is pleased to announce that Philip O’Quigley, Falcon’s CEO, will conduct a Q&A via the Investor Meet Company platform on 26 February 2024 at 4:00pm (London time).
  • The event is open to all existing and potential shareholders.
  • Questions can be submitted pre-event via your Investor Meet Company dashboard up until 9.00am (London time) on Friday 23 February or at any time during the live presentation.
  • Investors can sign up to Investor Meet Company for free and add to meet Falcon Oil & Gas Ltd. via:
    Investors who already follow Falcon Oil & Gas Ltd. on the Investor Meet Company platform will automatically be invited.

The Inner Circle Acknowledges, Laurie Ghielmetti as a Top Pinnacle Professional

Retrieved on: 
Monday, February 19, 2024

SAN FRANCISCO, Feb. 19, 2024 /PRNewswire/ -- Prominently featured in The Inner Circle, Laurie Ghielmetti is acknowledged as a Top Pinnacle Professional for her contributions in Art Advisory and Interior Design.

Key Points: 
  • SAN FRANCISCO, Feb. 19, 2024 /PRNewswire/ -- Prominently featured in The Inner Circle, Laurie Ghielmetti is acknowledged as a Top Pinnacle Professional for her contributions in Art Advisory and Interior Design.
  • Ms. Ghielmetti, a seasoned professional in the fields of art advisory services and interior design, is celebrating a remarkable career milestone of 35 years of excellence in the industry.
  • With a passion for art and design, Ms. Ghielmetti has made a significant impact on the regional art and interior design scene.
  • Since founding her design company in 1988, Ms. Ghielmetti has been a driving force in the regional art world and interior design industry.

Falcon Oil & Gas Ltd. - Commencement of Initial Production Testing at Shenandoah South 1H

Retrieved on: 
Monday, January 29, 2024

29 January 2024 - Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) is pleased to announce the commencement of the 30-day initial production (IP30) testing at the Shenandoah South 1H (“SS1H”) well in EP117, operated by Falcon Oil & Gas Australia Limited’s joint venture partner, Tamboran B2 Pty Limited.

Key Points: 
  • 29 January 2024 - Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) is pleased to announce the commencement of the 30-day initial production (IP30) testing at the Shenandoah South 1H (“SS1H”) well in EP117, operated by Falcon Oil & Gas Australia Limited’s joint venture partner, Tamboran B2 Pty Limited.
  • For normal operational reasons, the SS1H well was shut-in for a three week soak period and was successfully re-opened on 25 January 2024.
  • The aim of soaking was to allow for sufficient stimulation fluid to be absorbed by the shale, increasing the relative permeability to gas of the formation and enhancing future production performance.
  • The IP30 test has now commenced, and results are expected by the end of February 2024.

Falcon Oil & Gas Ltd - Beetaloo Operational Update

Retrieved on: 
Monday, November 27, 2023

27 November 2023 - Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) is pleased to announce the commencement of stimulation activities at the Shenandoah South 1H (“SS1H”) well in EP117 which is operated by Falcon Oil & Gas Australia Limited’s joint venture partner, Tamboran B2 Pty Limited.

Key Points: 
  • 27 November 2023 - Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) is pleased to announce the commencement of stimulation activities at the Shenandoah South 1H (“SS1H”) well in EP117 which is operated by Falcon Oil & Gas Australia Limited’s joint venture partner, Tamboran B2 Pty Limited.
  • The planned program, to be conducted by Condor Energy Service, includes 10 stimulation stages within the Amungee Member B-shale over a 500-metre horizontal section of SS1H.
  • On completion of the stimulation campaign, production tubing will be installed ahead of expected flowback of stimulation fluid and gas breakthrough.
  • We will continue to update the market as results become available.”

Global Inertial Navigation System (INS) Market Soars to $10.8 Billion in 2022, Fueled by Expanding Applications in UUVs and Aerospace Sector

Retrieved on: 
Tuesday, October 31, 2023

DUBLIN, Oct. 31, 2023 /PRNewswire/ -- The "Inertial Navigation System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Oct. 31, 2023 /PRNewswire/ -- The "Inertial Navigation System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.
  • The global inertial navigation system (INS) market, which achieved a size of US$ 10.8 billion in 2022, is projected to witness substantial growth in the coming years.
  • Inertial Navigation Systems (INS) are navigation systems that calculate an object's velocity, gravitational force, and directional orientation.
  • The global inertial navigation system market is segmented based on technology, grade, component, application, and region:

Falcon Oil & Gas Ltd. - Operational Update including the Successful Drilling of Amungee NW 3H Horizontal Well

Retrieved on: 
Monday, October 16, 2023

16 October 2023 - Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) is pleased to announce that drilling operations on the Amungee NW 3H (“A3H”) well in EP98 have been successfully completed with Falcon Oil & Gas Australia Limited’s joint venture partner, Tamboran (B2) Pty Limited.

Key Points: 
  • 16 October 2023 - Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) is pleased to announce that drilling operations on the Amungee NW 3H (“A3H”) well in EP98 have been successfully completed with Falcon Oil & Gas Australia Limited’s joint venture partner, Tamboran (B2) Pty Limited.
  • Details of operations are as follows:
    The A3H well was drilled, cased and cemented to a total measured depth (“TD”) of 3,837 metres, including a horizontal section of 1,100 metres in the Amungee Member B-shale.
  • The well intersected the Amungee Member B-shale at a total vertical depth (“TVD”) of 2,272 metres and encountered significant gas shows, in line with pre-drill expectations.
  • Falcon is pleased to announce the appointment of Tennyson Securities as joint broker, alongside Cavendish Securities Plc (“Cavendish”) Falcon’s current broker.

EMCORE Advances Photonic Integrated Chip (PIC) Technology Integrating PIC Into All Open-Loop Fiber Optic Gyro (FOG)-based Products

Retrieved on: 
Monday, October 9, 2023

The PIC enables significantly improved reliability, unit-to-unit repeatability, durability, outstanding shock/vibration tolerance, and easier integration for exceptional navigation capability and environmental robustness in challenging applications.

Key Points: 
  • The PIC enables significantly improved reliability, unit-to-unit repeatability, durability, outstanding shock/vibration tolerance, and easier integration for exceptional navigation capability and environmental robustness in challenging applications.
  • The technology is based on the groundbreaking integrated optical chip that replaces individual fiber optic components with a silicon waveguide system that results in improved optical performance by simplifying the handmade optical couplers, polarizers, and two splices incorporated within a gyro assembly.
  • “Our PIC-based products are transforming EMCORE’s inertial sensor tactical product platform with more products sharing common software, electronics, and circuit boards,” said Matthew Vargas, Vice President of Sales for EMCORE.
  • EMCORE is now introducing a program for customers of previous-generation open-loop FOG, IMU, and INS products to upgrade to a PIC-based unit.

Responsible Flushing Alliance Celebrates Water Professionals Appreciation Week

Retrieved on: 
Monday, October 9, 2023

The Responsible Flushing Alliance (RFA) recognizes Water Professionals Appreciation Week, taking place Oct. 7-15, by providing consumers with tips to help home plumbing and community sewer lines clog-free.

Key Points: 
  • The Responsible Flushing Alliance (RFA) recognizes Water Professionals Appreciation Week, taking place Oct. 7-15, by providing consumers with tips to help home plumbing and community sewer lines clog-free.
  • View the full release here: https://www.businesswire.com/news/home/20231009377417/en/
    Celebrate Water Professionals Appreciation Week by always looking for the "Do Not Flush" symbol on wipes.
  • “We celebrate water professionals, our unsung heroes, who help keep our communities healthy by keeping our sewage and water facilities operating smoothly and efficiently,” said Lara Wyss, president of RFA.
  • “Following proper flushing habits also helps water professionals by keeping non-flushable wipes out of our sewers.