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Falcon Oil & Gas Ltd V.FO

Alternate Symbol(s):  FOLGF

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

Bullboard Posts
Post by izoneon Jul 13, 2008 6:16pm
912 Views
Post# 15287883

OT:Exxon Mobil again tops Fortine's list of top ea

OT:Exxon Mobil again tops Fortine's list of top ea

Not a bad a partner to have...

20 most profitable

Exxon Mobil again tops Fortune's list of top earners. Which other companies are among the most profitable on the planet?


Exxon Mobil

Rank:
2
Profits ($millions): $40,610
Change from 2006: 2.8%
Ticker:XOM

Sky-high oil prices have led to extraordinary profits for Exxon Mobil, with $40.61 billion in earnings last year, or nearly $78,000 per minute. That topped its previous record of $39.5 billion in 2006.

Known as the "project masters" for getting things done on time and under budget, the world's most profitable company has stayed ahead of the pack with a surge in exploration and drilling in risky corners of the world like the Middle East and Africa.

Still, production declines in the last few quarters have raised concerns about the company making the right investments for the future.

Bullboard Posts