Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Comment by Buckfinderon Apr 03, 2022 3:46am
244 Views
Post# 34570841

RE:RE:RE:RE:RE:US$10 million Private Placement with US Strategic Investor

RE:RE:RE:RE:RE:US$10 million Private Placement with US Strategic InvestorYes, old shoe.. Vekselberg sanctions were imposed 2018.

The investment of the strategic partner Mr. Sheffield is MEGA GOOD NEWS - why?
1) Falcon gets a lot of inside information out of the fracking industry
2) It shows thar Mr. Sheffield sees a potential to make his investment at least 5x oder 10x
3) We can use the world wide ccontacts of Mr. Sheffield which are very important in the LNG area especially when it comes to sale
4) Mr. Sheffield was still engaged in Tamburan (with Santos next to our field), BUT decided to invest in Falcon too...maybe the choice that Falcon sits on the better golden treasure of Betaloo (what some and above all no landowner to discuss with :-)

possible tenbagger if drill results this year comes in positive.

GLTA
<< Previous
Bullboard Posts
Next >>