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.

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Falcon Oil & Gas Ltd

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Post by daskon Dec 28, 2006 4:28pm

579 Views

Post# 11930024

Grazprom Erupean delivery

The German Spiegel today stated that Ms. Merkel the German Chancelor, wants German and the EUC to be more self suffient in its Energy needs, since Russia's forces its formers stalitte countries to toe the line by using Grazproms gas. This creates difficulites for the Germans. Falcon Gas actives are EU based and will prove to be a more secure energy source. Now Falcon and its value needs to be "discovered" by the europeans.

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