Falcon pursues Australian shale gas opportunities
The AIM- and TSX-listed independent sees huge opportunities in Australia’s Northern Territory
Australia’s Beetaloo sub-basin is very attractive because it comprises a vast shale play, says Philip O’Quigley, CEO of Dublin-headquartered Falcon Oil and Gas. The Beetaloo shale, in particular the Amungee Member B shale targeted by Falcon, displays similar characteristics—including porosity, permeability, thickness and total organic content (TOC)—to prominent US shale fields, particularly Marsellus and Barnett shale. Falcon (22.5pc) and ASX-listed Origin Energy (77.5pc) are partners in three exploration permits, EP76, EP98 and EP117, in the sub-basin. Appraisal work is already well under way, with pilot production planned to start in 2023, O’Quigley says. Then production is scheduled to sc

Also in this section
15 July 2025
Government consultations on the windfall tax and the exploration licence ban are positive steps, but it is unclear how long it will take for them to yield tangible outcomes
15 July 2025
A brutally honest picture about the potential role of oil and gas in 2050 should prompt policymakers to not only reflect but also change course to meet vital energy needs
14 July 2025
Robust demand and a limited supply of additional physical barrels from key OPEC+ producers has kept the oil market in a healthy price range
11 July 2025
Equinor and its partners at Norway’s largest oilfield have pulled the trigger on a fresh $1.3b investment that will maintain high output for longer