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Falcon Oil & Gas Ltd V.FO

Alternate Symbol(s):  FOLGF

Energy Oil & Gas E&P
Falcon Oil & Gas Ltd. is an international oil and gas company. The Company is engaged in the exploration and development of unconventional oil and gas assets, with the portfolio focused in Australia, South Africa and Hungary. Its principal interest is located in two underexplored basins in Australia and South Africa, with further interest in Hungary, covering over 12.3 million gross acres. Its Beetaloo Sub-basin project is located in the Northern Territory, over 600 kilometers south of Darwin. The Company holds a Technical Cooperation Permit, covering an area of over 30,327 square kilometers in the southwest Karoo Basin, South Africa. The Karoo Basin contains thick, organic rich shales, such as the permain whitehill formation representing the focus of shale gas permit applications. Its Mako Production License (Mako Trough) is a sedimentary basin located in south-eastern Hungary in the mature Pannonian basin. Mako Trough includes two plays: Mako Shallow Play and Mako Deep Play.


TSXV:FO - Post by User

Falcon Oil & Gas Ltd
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Post by certified8on May 21, 2006 2:40pm
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Post# 10889276

Mako TD approx July 8

Mako TD approx July 8Drilling prodeeding at approx 16m/day with May 16 depth at 5146m heading for 6000m = 53 days from May 16, TD approx July 8. Very slow drilling on a very deep well, no doubt Hallibuton and Dr Ben are watching Crosco 801 very closely. Do we know where the other rig Crosco 403 is going, I recall that there was a pad ready but for Mako 2 and do we have a name for the next well?
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Dealroom for high-potential pre-IPO opportunities
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