FTSE 100 closes higher as Wall Street surges; sterling eases
FTSE 100 closed higher, as did it mid-cap cousin, FTSE 250
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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FTSE 100 closed higher, as did it mid-cap cousin, FTSE 250
Archive
A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the top risers and fallers in London today
Sentiments were significantly lifted late March as a scientific report concluded that fracking risks could be managed in Australia's Northern Territory but the regional government has yet to decide on the future of fracking
Investments and investor services
The UK blue-chip benchmark closed 1.20 points, or 0.02% at 7,258..
Two Irish oil execs will be celebrating this Easter weekend after a breakthrough week for their respective companies.
Archive
A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the biggest risers and fallers in London on Tuesday
The report's findings are intended to inform a decision by the Northern Territory government which put a moratorium on fracking in 2016
In the currency markets, the pound shed 0.17% against the Euro, and lost 0.46% against the US dollar
Proactive takes a look at the news from the small-cap oil and gas sector
Archive
A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of today's top risers and fallers in London
As a long awaited final report on fracking in the Northern Territory looms, Falcon's partner Origin Energy has detailed further upside potential for future shale wells at the Beetaloo project
Archive
A glance at some of the day's highlights from the Proactive Investors newswire
Investments and investor services
The index of blue-chip shares eased off a little in the final half-hour
It was another busy week London's oil and gas sector.
Archive
A glance at some of the day's highlights from the Proactive Investors newswire
“We see Falcon as a near pure option on what could prove to be a very large, economic gas resource with long-dated strategic appeal"
Falcon is sitting on a major shale discovery in the Beetaloo basin, but, it is waiting for the Northern Territory to green-light fracking - with a decision expected next year.