11:37 AM EST - Falcon Oil & Gas Ltd. : Announced that drilling of the vertical section of the Kyalla 117 N2-1 appraisal well in the Beetaloo Sub-Basin, Australia has been completed to a vertical total depth of 1,895 metres. Preliminary drilling data from the vertical section of the Kyalla 117 N2-1 appraisal well confirms: The continuation of the regionally pervasive Kyalla Fm between the Beetaloo W-1 and Amungee NW-1H wells. Elevated gas show with relatively high C3, C4 and C5 components were observed across the carbonaceous shales. Falcon Oil & Gas Ltd.
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