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

Bullboard Posts

Post by dudediligenton Apr 10, 2008 10:05am

228 Views

Post# 14956978

Reload again at 40 cents - MM's will

They will take er' back down again as the big boys play with this like a toy in Walmart. The shorts have come out in full force now so the momentum will be on the downslide. They make money both directions, neat eh?

Think about it, no news to warrant increase in SP and now we are entering into the "shoulder season" for oil and gas stocks. Good bet on the otherside of the fence IMO.

Bullboard Posts

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