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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Comment by daskon Apr 19, 2006 11:02pm

460 Views

Post# 10712235

RE: fo on rob tv eom

No person on Rob TV or otherwise will and can make a prediction. FO for the relative short time I owned and watched the stock, has done very well and I hope that the gas will be proven and recoverable. If the numbers that have been suggested sofar are proven FO will be one of the hottest stocks anywhere and todays price is a gift, lets keep our fingers crosssed.

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