DUBLIN, IRELAND--(Marketwired - Aug 21, 2014) - Falcon Oil & Gas Ltd. (TSX VENTURE:FO)(AIM:FOG)(ESM:FAC) (the "Company") is pleased to announce, that further to its press release of 2 May 2014, its 98% subsidiary, Falcon Oil & Gas Australia Ltd ("Falcon"), has completed its Farm-Out Agreement and Joint Operating Agreement (collectively "the Agreements") with Origin Energy Resources Limited, a subsidiary of Origin Energy [...]
DUBLIN, IRELAND--(Marketwired - Aug 13, 2014) - Falcon Oil & Gas Ltd. (TSX VENTURE:FO)(AIM:FOG)(ESM:FAC) ("Falcon" or the "Company") is pleased to announce the appointment of Ms. Rebecca Kacaba as Company Secretary effective 11 August 2014. Rebecca is a partner at the legal firm of Aird & Berlis LLP, Toronto, Canada. She is a member of the Aird & Berlis Corporate Finance and Mergers & Acquisitions Groups and is leader of [...]
DUBLIN, IRELAND--(Marketwired - Jul 15, 2014) - Falcon Oil & Gas Ltd. (TSX VENTURE:FO)(AIM:FOG)(ESM:FAC) ("Falcon" or the "Company") is pleased to announce that initial drilling operations on the Besa-D-1 well have reached total depth ("TD") of 3,000 metres having encountered gas shows. Besa-D-1 is the second of a planned three well programme to evaluate the gas potential of the Algyő Formation in the Makó Trough License. The well has now been cased to TD and is suspended pending further technical evaluation in order to determine an appropriate testing programme later this year. No operational problems occurred during drilling. In January 2013, Falcon agreed a three-well drilling programme with Naftna industrija Srbije jsc ("NIS") to target ... [...]
Falcon Oil & Gas announces today, that further to its press release of 13 July 2011 which announced the closing of the Beetaloo Participation Agreement and the granting by Falcon to Hess Oil and Gas Holdings a warrant exercisable for 10,000,000 common shares in the capital of Falcon at a price of CDN$0.19 per Common Share for a period from November 14, 2011 until January 13, 2015, the extension of the warrant to January [...]
Falcon Oil & Gas is pleased to announce the appointment of Mr. Michael Gallagher as Chief Financial Officer with immediate effect. Michael joined Falcon in October 2012 as Group Financial Controller with responsibility for the Group's Dublin, Hungarian and Australian finance and commercial functions following 11 years working with PricewaterhouseCoopers in Ireland and the USA. At PwC, Michael had previously worked with [...]
Falcon Oil & Gas announces that it has filed its results for the three months ended 31 March 2014. The following should be read in conjunction with the complete Interim Financial Statements and the accompanying Management's Discussion and Analysis for the three months period ended 31 March 2014 filed with the TSXV. These filings are available at www.sedar.com and on Falcon's website at www.falconoilandgas.com. Highlights [...]
DUBLIN, IRELAND--(Marketwired - May 16, 2014) - Falcon Oil & Gas Ltd. (TSX VENTURE:FO)(AIM:FOG)(ESM:FAC) ("Falcon" or the "Company") is pleased to announce that the second of three exploration wells "Besa-D-1", with our partner Naftna Industrija Srbije JSC ("NIS") to evaluate the gas potential of the Algyő Formation at a depth of approximately 3,000 meters in the Makó Trough, Hungary has been spudded. The well testing operations on the first well, Kútvölgy-1 are now completed. The testing indicated that the well experienced improved recovery from certain intervals however well production did not meet commercial rates. Falcon, with our partner NIS, has discontinued testing Kútvölgy-1, the well is to be plugged and abandoned. Falcon and NIS are now focus... [...]
DUBLIN, IRELAND--(Marketwired - May 2, 2014) - Falcon Oil & Gas Ltd. (TSX VENTURE:FO)(AIM:FOG)(ESM:FAC) ("Falcon" or the "Company") is delighted to announce that its 98% subsidiary, Falcon Oil & Gas Australia Ltd ("Falcon Australia"), has executed Definitive Agreements including a Farm-Out Agreement and Joint Operating Agreements (collectively "the Agreements") with Origin Energy Resources Limited, a subsidiary of Origin [...]
DUBLIN, IRELAND--(Marketwired - May 1, 2014) - Falcon Oil & Gas Ltd. (TSX VENTURE:FO)(AIM:FOG)(ESM:FAC) ("Falcon") announces that it has filed its audited financial statements for the year ended 31 December 2013, the accompanying management's discussion and analysis ("MD&A") for year ended 31 December 2013 dated 29 April 2014, its Annual Information Form ("AIF") dated 29 April 2014 and the Statement of Reserves Data and [...]
DUBLIN, IRELAND--(Marketwired - Apr 28, 2014) - Falcon Oil & Gas Ltd. (TSX VENTURE:FO)(AIM:FOG)(ESM:FAC) ("Falcon" or the "Company") notes the recent movement in its share price on the TSX Venture Exchange and confirms that it is unaware of any matter that would cause this share price movement. As previously announced, Falcon is well advanced in its discussions and is very confident of securing an attractive Farm-out of [...]
DUBLIN, IRELAND--(Marketwired - Mar 3, 2014) - Falcon Oil & Gas Ltd. (TSX VENTURE:FO)(AIM:FOG)(ESM:FAC) ("Falcon" or the "Company") is pleased to announce that well testing operations on the Kútvölgy-1 well in Hungary have started. Kútvölgy-1 is the first of a three well drilling and testing programme fully funded by NAFTNA INDUSTRIJA SRBIJE JSC ("NIS"), to evaluate the gas potential of the Algyo Formation in Falcon's Mako trough permit. The testing objectives are to determine reservoir quality and gas productivity from the target Algyo formation encountered in Kutvolgy-1. Testing operations are anticipated to take 3 months. Philip O'Quigley, CEO of Falcon commented: "We are pleased to confirm that we... [...]
DUBLIN, IRELAND--(Marketwired - Dec 24, 2013) - Falcon Oil & Gas Ltd. (TSX VENTURE:FO) (AIM:FOG) (ESM:FAC) ("Falcon" or the "Company") announces that application has been made for admission to trading on AIM and the Irish Stock Exchange of the recently issued common shares as follows: Further to the announcement on 11 July 2013 regarding, inter alia, the issuance of 97.86 million common shares to Sweetpea as consideration [...]