We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Falcon Oil & Gas Ltd. | LSE:FOG | London | Ordinary Share | CA3060711015 | COM SHS NPV (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.10 | -1.38% | 7.15 | 7.10 | 7.20 | 7.25 | 7.10 | 7.25 | 178,386 | 10:23:07 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Crude Petroleum & Natural Gs | 0 | -3.99M | -0.0038 | -34.21 | 135.77M |
Date | Subject | Author | Discuss |
---|---|---|---|
02/3/2016 14:44 | you also now have political risk mid/late summer. see LSE forum for reports change of party means change of policy at local level in that instance FOG shares may be worth very little so that's a lot of risk if you ask me? yes, it's ok to change your mind based on changing outlook. that's how you avoid losing your money in the markets. feel free to hold though. i didn't consider how much the price of gas has fallen since the JV agreement. i didn't know about the political risk neither did i appreciate the JV can walk away at the end of the year RISKY | heaven above | |
02/3/2016 14:43 | There will be a rise nonetheless as people anticipate activity after 6 months of quiet. Also, you seem to have changed your mind re FOG rather quickly: heaven above - 11 Feb 2016 - 12:50:43 - 384 of 403 Current share price is odd. Surely some big players/ VC's will be looking at Falcon at the moment? Offer at 10p would give the buyer. The Beetaloo/Karoo net acreage of 3.2m acres at about US$50 an acre. A$143M free carry on Beetaloo drilling until 2018 10M in cash. 80m in seismic data already invested. Near term 2016 value creation, new drills, multi stage fracking. Origin and Sasol as major committed partners. Medium term upside in South Africa Karoo Basin with 1.9m acres net to Falcon. The free carry drilling on the Beetaloo alone is worth 7p a share for anyone in the industry interested. So essentially a buyer now gets a free punt on 1.3m acres at $50 an acre multiplying by a factor of blue sky 20 or 100 times. Recoverable estimates are for 21 BBO and 162 TCGF in Falcon's Beetaloo acreage. If I were a VC/mid cap/major player I'd be looking at Falcon now. | themadstork | |
02/3/2016 14:39 | they have no choice. this year is drill or pay. but the bulk of the future spend in 2017 and 2018 is optional. they can walk away it's just not economic to spend billions on development | heaven above | |
02/3/2016 13:02 | But also confirmation that Origin are going ahead with the drill program. This will rise in anticipation, same as it did last year. | themadstork | |
02/3/2016 12:58 | decent FOG chat over on the LSE thread. seems one of the operators on some blocks close to Falcon's have abandoned operations for the forseeable due to low oil price and new local political uncertainty heads up on that anyhow | heaven above | |
27/2/2016 15:26 | Am not sure where these guys are coming from but this is much more readable and sounds much more balanced and objective hxxp://www.shalegas. | peter anthony | |
27/2/2016 10:27 | people will always need oil before they need gas it only takes a slight warming to put people off using gas as heating i've not had my heating on all year in the uk and not felt cold i dont think fracking a bit of gas later this year and burning it off will help the share price. the field needs billions spent on it to commericalise it 2015 acerage deals near the beetaloo were less than $15 an acre, the jv partners paid about $56 a acre when the oil price was $100 now i bet any deal per acre would be less than $10 that would value falcons net acerage in aust at about 7m, less than 1p a share with billion of dollars needed to commercialize it my target here is 0.5p | heaven above | |
26/2/2016 08:49 | Of direct relevance to FOG: article on the Pacific Rim LNG market: | sleveen | |
25/2/2016 18:15 | Try this assessment. It relates to the US but applies worldwide, forecasting a natural gas supply deficit as early as Autumn 2016: | arc en ciel | |
25/2/2016 16:46 | Wonder why the JV partners have brought drilling forward a year..? | mr hangman | |
25/2/2016 16:38 | we won't know if it can be produced commercially until production test which is at least 6 months away the problem is that at current oil/gas prices the development costs would make the project run at a loss the cold truth is that the Beetaloo might not be commercial ever again it needs billions and billion of dollars to develop asset. farmout was sorted when oil was near $100 i wonder if it were now whether the JV partners would even take the risk? it's like builder buying land, building estates knowing that the buyers will pay them much less than they've spent | heaven above | |
25/2/2016 16:27 | That assumes FOG have discovered commercial rates of gas production. Hopefully the petrophysics etc news should be with us soon. | sleveen | |
25/2/2016 16:04 | natural gas price at 16 year low now thought: if global warming continues together with renewables..... can gas price recover? if not then the Beetaloo will never get the billions it needs to develop commercially | heaven above | |
23/2/2016 17:01 | Almost 2m shares traded today contrast with the past 2 weeks where that has been no trading at all...good news soon, perhaps tomorrow? | sleveen | |
23/2/2016 14:11 | The line at 5.07p appears to be now clear, seller all done?.....GL S | swizz | |
18/2/2016 09:34 | Can now buy at 5.07p. | sleveen | |
15/2/2016 12:25 | Right on Mr.Hangman! | javea | |
11/2/2016 16:34 | Heaven, don't shout it to loud, just fill your boots !! | mr hangman | |
11/2/2016 12:50 | Current share price is odd. Surely some big players/ VC's will be looking at Falcon at the moment? Offer at 10p would give the buyer. The Beetaloo/Karoo net acreage of 3.2m acres at about US$50 an acre. A$143M free carry on Beetaloo drilling until 2018 10M in cash. 80m in seismic data already invested. Near term 2016 value creation, new drills, multi stage fracking. Origin and Sasol as major committed partners. Medium term upside in South Africa Karoo Basin with 1.9m acres net to Falcon. The free carry drilling on the Beetaloo alone is worth 7p a share for anyone in the industry interested. So essentially a buyer now gets a free punt on 1.3m acres at $50 an acre multiplying by a factor of blue sky 20 or 100 times. Recoverable estimates are for 21 BBO and 162 TCGF in Falcon's Beetaloo acreage. If I were a VC/mid cap/major player I'd be looking at Falcon now. | heaven above | |
10/2/2016 21:40 | Falcon May Fly: Falcon Oil & Gas is down 26% over six months but in November I said it was more promising than most oil explorers and it still looks that way today. I was encouraged by its drilling success in the Beetaloo Basin, Australia, with positive early results from its nine-well programme indicating favourable shale properties and excellent gas shows. Falcon is also debt-free, with $9.8m in cash. Experienced partners Origin and Sasol supply much-needed expertise in unconventional shale and gas to liquids High-quality assets and a fully funded drilling programme do not guarantee success in today’s world, especially with analysts warning that natural gas is next to collapse. Falcon management is also being frugal, with expenses falling by 41% in the nine months to September 30, at US$1.8m. Broker FinnCap just named it a buy with a target price of 23p, which suggests a potential upside of 460% on today’s 5p. Falcon looks tempting for those for those who are bullish on the oil price recovery, especially since it seems equipped to survive if the price stays lower for longer. There is a strong bull case to be made, but only for speculative investors. | loganair | |
29/1/2016 07:59 | POO going great guns this morning. Oil stocks should do well going forward, assuming POO continues to slowly improve over the medium term. | sleveen | |
27/1/2016 15:26 | These are holding well considering-maybe because they are dirt cheap! Cant resist | javea | |
22/1/2016 15:13 | Bought 40k shares today. Can't beat the January sales :-) A bit more buying should see a ping upwards. GLA. | sleveen |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions