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Falcon Oil Share Discussion Threads
Showing 1801 to 1822 of 1825 messages
|Philip commenting on today's announcement
|Gas flared from Amungee NW-1H
and there's also the audio of the interview with Ross Evans below the video of Amungee NW-1H.
One very interesting question about the moratorium about 1 min 35s from the end, and answered very clearly on the subject of future operations in the territory.|
|See, my good Kama going to work for you lot :)|
|I would love to get a bit of falcon but am tied up elsewhere. Even if I don't get in I would like to see this recover strongly, such a bloody waste.|
|So relieved I greatly reduced my holding over the last few months . Very obvious thus was going to happen . No matter how good the results it's currently completely hamstrung . How long for ? Nobody knows .|
|Philip would give Obama a run for his money. He's a great orator.|
|Philip said investors had a worry - free next 12 months a short while back ! Ummm|
|Good time to buy or good time to sell? I was thinking good time to buy.....|
|Sopiegb.... Cheers for posting that link.Philip sounds very positive about the drilling campaign and it will be interesting to see the results after the research/analysis is complete!! I have a feeling the share price will rise considerably then :)) I'm sure good news is coming!!|
|SP Angel - The Australian government takes the step of placing a moratorium on fracking, which effectively shifts the near term risk to the topsides. It appears to us as if with each change in government there is a new policy on exploitation of hydrocarbons, which unfortunately makes Australia an increasingly difficult place to justify a long term investment, which is a shame as the last government made significant strides in making the country investable again. Given the frequent and contra-indicatory movements in legislation, we are left with no choice but to put Australia back on invest ment risk outlook negative and revisit our associated risk premium for the country.|
|By Malcolm Graham-Wood - Rather as expected, operationally things are going very well for Falcon (FOG) but politically sour.
News from the Beetaloo W-1 well is good, with gas bearing shale of 570 metres, proving the extension of the Velkerri formation.
With such good operational results, it is a shame to see another part of Australia looking like it might declare itself closed for business to the oil and gas industry after the Northern Territories PM announced a moratorium on fraccing.
Obviously FOG is carried and has cash in the balance sheet, but this - is if not unexpected - further bad news and will at the very least delay this unconventional play, for which I had so much hope.|
|Proactive Investors is here: http://tinyurl.com/z7tyscc|
|Bought 65,000 this morning at 6.74p when it was well offered.
Get the feeling this one is moving up a little ahead of drill results next month?
Looks good with downside mitigated and upside leveraged?
Am I missing anything?
Oh who would be the buyer of the gas if it comes in?|
|Looking good here again ...|
|+30% in C$|
|I guess they all have it wrong! Better pack the bags and forget about this gas stuff!|
|yes but my point is will anyone want it?
the era of fracking gas has gone. the business model just doesn't work.|
|LW425 - Take billions to develop - FOG have made it very clear once there are proven reserves they intend to sell out rather than develop.|
|The market does not think it's a bit boggy|
|thats a good reason to spend $50M+ on a drilling campaign and then walk away.....its a bit boggy!! Seriously!|