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A look back at the week’s highlighted news for junior oilers
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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A look back at the week’s highlighted news for junior oilers
Falcon’s partner Origin Energy will complete a nine well exploration and appraisal programme, if the moratorium is lifted.
Green light or fracking ban: Falcon has had great success but the future is binary (and politically charged).
Small caps need action because investors need opportunities to speculate
Successful wells have so far proved up some 6.6 TCF of contingent resources – which amounts to 1.94 TCF net to Falcon.
Main share price risers and fallers in London around 3.30pm include Falcon Oil, Cap-XX
London-listed Falcon Oil & Gas is sitting on a potentially huge shale gas resources, but, progress is presently held up by a temporary moratorium on shale gas projects.
Some of the largest share price rises and falls in London at 3.45pm: GoTech, North River, PCG Entertainment
Falcon shares are up some 180% following the release of a major discovery and resource report for its breakthrough Australian shale project.
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A look at the world of junior oil and gas stocks this week
Here, we feature questions and answers that provide valuable insights to the Beetaloo shale project, and what investors can expect in the coming months.
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Also featured: AFC, Ferrum Crescent, Galileo, Kibo, Lansdowne Oil, Metal Tiger, Netscientific, Powerhouse, REM, ReNeuron, Tern
Malcolm Graham Wood described as a 'colossal' potential discovery
WH Ireland said: "In our opinion, the scale of the resource is much greater than we had anticipated..."
Origin put a gross best estimate of gas in place at a world-class 496 trillion cubic feet for the acreage
Some of London's largest risers and fallers around 2.30pm included insurer Prudential, and small caps Metal Tiger and Falcon Oil & Gas ...
FTSE 100 shares closed higher on Wednesday, led by banking shares which teamed up with their Wall Street brethren to cheer on what may be a US rate hike as soon as March
Citing figures produced by Origin Energy, its partner in and operator of 16,000-square kilometres of licences, the gross best estimate of gas in place is put at a world-class 496 trillion cubic feet. Converting that to oil equivalent, it st
Pre-drill estimates for Lincoln suggested it was host to 250 million ‘recoverable’ barrels of crude. Hurricane says after early analysis that figure looks conservative.
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A glance at some of the stories on the Proactive newswire today