Sign up United Kingdom
Proactive Investors - Run By Investors For Investors

Falcon Oil & Gas expects draft Northern Territory report by mid-December

It is now expected that a draft final report will be published in mid-December, and as a result the final report itself will now not be published until March
oil and gas operations
The study is assessing the potential impacts of fracking in the Northern Territory

Falcon Oil & Gas Ltd (LON:FOG) has noted that a report from the ongoing scientific inquiry into hydraulic fracturing has been delayed amid complications in Australia’s Northern Territory.

Coffey Services Australia, a consultant to the Northern Territory, had previously hired Cross Cultural Consultants (CCC) for community consultation as part of a social impact assessment, however, complaints were made regarding the sub-contractor’s conduct.

READ: Falcon Oil & Gas highlights strong financial position

A new consultant, Indigenous Agreement Solutions (IAS), has now been hired to carry out further engagement in communities. It follows an investigation and discussions between the Northern Territory and Coffey.

It is now expected that a draft final report will be published in mid-December, and as a result the final report itself will now not be published until March, the company said in a statement.

View full FOG profile View Profile

Falcon Oil & Gas Ltd Timeline

Related Articles

gas pipes
GDC is working with Altaaqa and other equipment suppliers to fast track six generators
Unique design of the mid-body of the Optimum ship
October 02 2018
The company’s Optimum ship is being designed to optimise the transportation of compressed natural gas (CNG).
If contracts can be agreed, they might result in the installation of Powerhouse’s DMG technology at multiple locations

No investment advice

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

© Proactive Investors 2018

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use