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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 Ireland-based international oil & gas company. The Company is engaged in the exploration and development of unconventional oil and gas assets, with the current portfolio focused on Australia. Its principal interests are located in two underexplored basins in Australia and South Africa, and it also has interests in Hungary, covering approximately 12.3 million gross acres in total. The Beetaloo Sub-basin project is a Proterozoic and Cambrian tight oil and gas basin which covers approximately 35,260 square kilometers (km2). The Karoo Basin project is a sedimentary basin covering approximately 600,000 km2 in central and southern South Africa. It has thick, organic-rich shales such as the Permian Whitehill Formation, representing the focus of shale gas permit applications. The Mako Trough project is a large sedimentary basin located in south-eastern Hungary in the mature Pannonian basin. It has approximately two plays, Mako Shallow Play and Mako Deep Play.


TSXV:FO - Post by User

Falcon Oil & Gas Ltd
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  • Ebenizer3X
Post by Ebenizer3on May 02, 2023 8:47am
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Post# 35424604

Beetaloo news imminent???...

Beetaloo news imminent???...

Empire Energy urges governments to finalise rules around fracking gas

The NT News can reveal the Territory government will release its fracking implementation report on Wednesday.

Camden SmithCamden SmithBusiness Reporter
@CamdenSmith1
2 min read
May 2, 2023 - 5:27PM
A company exploring for onshore gas in the Northern Territory says the Beetaloo Basin has the potential to solve the east coast gas crisis. Tamboran Resources expects to begin sending gas to the east coast within three years.

One of the two main companies with exploration permits at the Beetaloo Sub-basin is hopeful the NT government will soon finalise the rules around fracking at the potentially lucrative gas prospect.


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