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Falcon Oil & Gas Ltd V.FO

Alternate Symbol(s):  FOLGF

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

Bullboard Posts
Post by OPTSALESon Jun 25, 2007 10:25am
639 Views
Post# 12993130

FO taking too long

FO taking too longLike most of you, I too am frustrated with the delays of FO, so If you like keep your eyes on Canadian Superior (SNG.V) A company I use to work for in the past supplied drilling fluids for BP and British Gas off-setting the drilling where these guys are now. The reserves and flow rates are substantial (a few TCF). Not as high as the Falcon Scotia Report predictions, but enough to put it above 10 should the fist well come in. Looks to be more promising play than FO in the short term. Good luck https://www.canada.com/calgaryherald/news/calgarybusiness/story.html?id=4ce63190-0ca0-481f-9bfc-1d1b6dd66983 https://biz.yahoo.com/iw/070625/0270443.html
Bullboard Posts