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 Tomkinson Aug 12, 2009 1:06pm

362 Views

Post# 16212550

Accumulation

Also there is what they call a black book for trading large amounts of shares, which you and I do not see. Large blocks are requested at a certain price. When those request are covered the sale goes through without showing up on the volume for the day. Not all is transparent. If they are large enough they do have to be reported, but not immediately.$0$0$0$0So, you really can not be too sure of the actual volume on any given day.$0

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