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Falcon Oil & Gas Ltd (FO.V)

FO.V on TSX Venture Exchange

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Latest Key Developments (Source: Significant Developments)

Falcon Oil & Gas says appointed Anne Flynn as CFO
Wednesday, 5 Oct 2016 02:00am EDT 

Falcon Oil & Gas Ltd : Micheal Gallagher stepped down as cfo with effect from 4 october 2016 to pursue other interests . Falcon Oil & Gas Ltd. announces senior management change .With effect from 5 October 2016, falcon has appointed Anne Flynn as CFO.  Full Article

Falcon Oil & Gas Ltd announces preliminary results of Beetaloo Well, Kalala S-1
Tuesday, 1 Sep 2015 02:00am EDT 

Falcon Oil & Gas Ltd:Says that drilling operations have successfully concluded on the Kalala S-1 well.Says the results encountered are very encouraging, with the well drilled to a total depth (TD) of 2,619 meters.Preliminary evaluation of the Kalala S-1 vertical exploration well confirms the presence of a thick Middle Velkerri source rock sequence in the Beetaloo Basin permit EP98.A gross interval of over 500 meters shale gas with net pay exceeding 150 meters.The presence of moveable hydrocarbons in the form of elevated gas shows.A number of prominent good quality sandy/silty reservoir sections measuring between 50 and 80 meters in thickness, each representing potential candidates for horizontal drilling.Excellent potential for gas mature, gas saturated and quartz rich source rocks that represent excellent exploration targets with material volumetric upside.  Full Article

Falcon Oil & Gas Ltd commences drilling
Wednesday, 15 Jul 2015 02:00am EDT 

Falcon Oil & Gas Ltd:Announces the spudding of the Kalala S-1 well in the Beetaloo Basin, Australia.Says Kalala S-1 is the first of Falcon's fully funded and uncapped, 2015 three well drilling and evaluation programme in the Beetaloo Basin.Says the 2015 three well programme is the commencement of a nine well exploration and appraisal programme planned from 2015 to 2018.  Full Article

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