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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
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Post by bill_con Nov 26, 2010 1:15pm
379 Views
Post# 17763182

Dispose?

Dispose?Just a guess, but if you can use the money elsewhere, get rid of FO stock for now, before the big boys get rid of all their new acquisitions. Stock will probably drop after they sell it off? You can always pick it up again upon some real good news, if that every happens. Meanwhile you will be able to buy back in again at a lower price soon, if you really want to hang onto it! JMO
 Bill C
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities
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