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

<< Previous

Bullboard Posts

Next >>

Post by hikarion Oct 27, 2021 10:36pm

330 Views

Post# 34057233

One h discussion about the Beetaloo

https://m.youtube.com/watch?v=cbxJog4Th3E

A shale gas "gold rush" could be seen as soon as economical production rates can be achieved in the Beetaloo. At the moment the "economical production rate" is the missing link for the tipping point to get the Jack pot or nothing.

<< Previous

Bullboard Posts

Next >>

Southern Ontario mineral processing operation receives green fund support