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 Interesting1on May 01, 2006 11:43pm

506 Views

Post# 10779761

GLAD I BOT IN THIS MORNING!

I did jump in with both feet today. I'm thinking it will open with a runaway gap tomorrow and I will guess we test $5.00/share tomorrow. It sounds outrageous but this one has traded very strong over the last two sessions. Figure that it will run it to resistance at $5.00/share and consolidate in the mid 44.00/share range before taking a run at $5.00/share again and finally trading through it. Glad to be aboard the FALCON train. I1

Bullboard Posts

Visionstate set to leverage success in the U.S. market