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 > Meeting on the 26th

<< Previous

Bullboard Posts

Next >>

Comment by Stanny1on Feb 19, 2024 9:06pm

67 Views

Post# 35888106

RE:Meeting on the 26th

I'm really positive about this news. Tamboran announced before Falcon announced that they are releasing results and announcing future plans Monday morning 9:30am Australian time. 16 hours ahead of Eastern time. Falcon followed. As has been speculated on the LSE board I read, this is a positive sign. Companies don't typically rush to announce bad news a week in advance. Also with Sheffield's participation, Falcon is starting to get attention in the US on the OTC.

This all seems like bullish news.

<< Previous

Bullboard Posts

Next >>

Silvercorp to expand into Ecuador with C$200M Adventus acquisition