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FTSE 100 ends lower as US stocks retreat after mixed tech earnings
The FTSE 100 index closed 37.62 points, or 0.5% lower at 7,434.13, albeit above the session low of 7,405.99 as US stocks continued to post big falls on Thursday
Company
LON:FOG
Falcon Oil & Gas Ltd. (“Falcon” or “Company”) is an international oil and gas company engaged in the acquisition, exploration and development of unconventional oil and gas assets. The Company’s principal interests are located in two major underexplored basins in Australia and South Africa; with further interests in Hungary, covering approximately 12.3 million gross acres. The Company’s interests are in countries with a high regional demand for energy and for Australia and Hungary are close to existing infrastructure allowing for rapid delivery of oil and gas to market.
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The FTSE 100 index closed 37.62 points, or 0.5% lower at 7,434.13, albeit above the session low of 7,405.99 as US stocks continued to post big falls on Thursday
Investments and investor services
A look at the day's major movers, including Quadrise, Intu Properties, Mediazest, Upland Resources, MX Oil and Angling Direct
Archive
A glance at some of the day's highlights from the Proactive Investors newswire
Falcon will be able to make a decision over the royalty acquisition after the next phase of work, due to start in June
Investments and investor services
The UK blue-chip index finished up around 63 points at 7,523
Archive
It was another busy week for London's oil and gas stocks.
Archive
A glance at some of the day's highlights from the Proactive Investors newswire
Investments and investor services
A look at the day's major movers, including Panthera Resources, Filtronic, Keystone Law, MOD Resources and Modern Water
“Today’s announcement is an exciting development for Falcon shareholders as the JV prepares to commence drilling in the highly prospective Beetaloo Sub-basin,” said Falcon boss Philip O’Quigley.
Investments and investor services
The UK's blue-chip index finished down nearly seven points at 6,96, while FTSE 250 was also lower
Investments and investor services
A look at the day's shiners and whiners, including Gaming Realms, Flybe, Interserve, Future, Galantas, Directa Plus and Mobile Streams
Archive
A glance at some of the day's highlights from the Proactive Investors newswire
The business has shale interests in Australia at Beetaloo and in South Africa’s Karoo Basin
Falcon Oil & Gas narrowed its first-half loss as it continued to focus on tight cost control
The week ahead includes full year results from Bellway and ASOS, interims from Gear4Music and trading updates from Barratt Developments, Segro, Unilever, Domino's Pizza and Rentokil
Archive
A glance at some of the day's highlights from the Proactive Investors newswire
The royalty cancellation comes as the partners prepare to step up exploration and appraisal activities in the Beetaloo shale project, in Australia's Northern Territory
Investments and investor services
Mid-cap cousin FTSE 250 also closed in positive territory - up around 35 points to stand at 20,300
Archive
A glance at some of the day's highlights from the Proactive Investors newswire