Share Name Share Symbol Market Type Share ISIN Share Description
Falcon Oil 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
  -0.25p -1.08% 23.00p 22.75p 23.25p 23.00p 22.875p 22.875p 225,999 09:02:11
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -3.0 -0.3 - 211.95

Falcon Oil Share Discussion Threads

Showing 2001 to 2022 of 2025 messages
Chat Pages: 81  80  79  78  77  76  75  74  73  72  71  70  Older
DateSubjectAuthorDiscuss
24/5/2017
08:05
I wonder whether the minister realises that offshore resources benefit the federal government???
thecynical1
16/5/2017
21:12
HTTP://www.afr.com/business/energy/northern-territory-minister-ken-vowles-lifts-gas-hopes-20170515-gw4z66 Updated May 16 2017 at 6:10 PM Northern Territory minister Ken Vowles lifts gas hopes Origin says it had a "Eureka moment" at Beetaloo in 2016. James Davies Angela Macdonald-Smith Tess Ingram The Northern Territory resources minister Ken Vowles has fuelled hopes of at least a partial lifting of the territory's fracking moratorium late this year, talking up the prospects of onshore gas. Mr Vowles told a petroleum industry breakfast in Perth that exploration and studies had revealed the opportunity for "significant new gas development" and "abundant opportunities for resource exploration". He asked the industry to "continue to support" the ongoing scientific inquiry into hydraulic fracturing, which should result in an interim report in June and a final report by the year-end. "If the panel determines that hydraulic fracturing can be done in a safe and manageable way in the Northern Territory, then this inquiry process will have helped industry to earn its social license to operate for the future," he noted. Petroleum players in the gas-rich NT have voiced cautious hopes that the fracking inquiry announced by Chief Minister Michael Gunner after taking government last year would culminate in an outcome unblocking the paralysis in the industry. Attention has focused on the remote Beetaloo Basin, where Origin Energy has reported promising results and which was highlighted at the APPEA conference as the spark of excitement in an otherwise dormant Australian shale sector. Origin's unconventional exploration manager David Close said a large and potentially economic gas resource was taking shape in the Beetaloo, where Origin, Santos and private player Pangaea Resources are heading an exploration push. Origin has drilled three vertical wells and a horizontal well at its Beetaloo venture and completed some fracture stimulation before the moratorium was imposed to try and "show it is viable as quickly as possible", Mr Close said. He pointed in particular to the first horizontal well, Amungee, as an encouraging indication of the project's viability. Origin announced an initial "contingent resource" of 6.6 trillion cubic feet of gas at the venture in February. "I think our strategy to move as quickly as possible to horizontals has been validated and we may look back at that hole as a 'Eureka' moment," Mr Close said. "They are a bit hard to get in unconventionals, 'Eureka' moments, but maybe one was there in 2016 for us and we are not 100 per cent of it aware of it yet." Mr Close said it could take just one play to transform the onshore gas supply picture in Australia. "We don't need to six or seven basins to work if one basin has a lot of running room that could create a good change, but it is not going to happen easily, there are a lot of challenges in front of us," he said. The hurdles include improving performance, reducing costs and, not least, the lifting of the moratorium. Addressing landowner concerns about groundwater contamination and disruption to their businesses were high on Origin's agenda, Mr Close said, including actively contesting misconceptions about well integrity, well density and the industry's impact on groundwater. Mr Vowles also noted the the Barkly region between Tennant Creek and Mt Isa would see a range of geoscience programs and surveys to identify new resource opportunities, and said the government would draw up the NT's first "resources prospectus" to attract investment in exploration. The minister also noted the circa 30 trillion cubic feet of gas sitting offshore from the Territory, some of which could feed a potential multi-billion dollar expansion of ConocoPhillips' Darwin LNG project currently under study. ==
mirabeau
09/5/2017
19:51
Thanks MirabeauHere's a little background for any newbies....HTtp://www.theaustralian.com.au/business/mining-energy/origins-beetaloo-bonanza-just-in-time-to-beat-ban/news-story/fb9a7119281c0fd2c6c091536082efb2
palwing13
09/5/2017
18:10
www.energynewsbulletin.net/world/australasia subscription site though : Beetaloo hopes boosted. RBC believes NT could lift its frac ban so Origin can carry out its work. Anthony Barich. 09 May 2017; 08:54 ... - looking promising now though we still have a legacy seller from some bankruptcy or other according to LSE
mirabeau
08/5/2017
09:43
Malcolm Graham-Wood - Sasol has sold its 35% stake in Beetaloo to origin giving them 70% of the project, Falcon Oil & Gas (FOG) stays at 30%. The carry, which gives FOG £154 million of free spend remains the same and the moratorium also goes on. I have written on Falcon recently so no need to add much more, but I remain of the view that the moratorium may well cede at least part of the Beetaloo and will lead to at least a start of a development.
loganair
05/5/2017
09:40
Falcon get carried upto an agreed cap so yes you are correct and my logic is flawed. Early morning excitement dulling my brain
mirabeau
05/5/2017
09:36
Mirabeau....they will still have to carry the costs......? someone has to and FOG have a free carry up to a point......not sure I follow your logic on that one... The most interesting thing for me is that the fact that they have taken SASOL out of the equation. Positive for FOG on the one hand as someone obviously appears to know something we don´t.....or they think they do.....on the other hand, it reduces the number of people in the know who might be interested in making a bid for FOG....anyway.....will be interesting to see what if anything leaks about the price paid.....and then........
thecynical1
05/5/2017
08:35
am I the only one who thinks that if an Australian company ( that obviously has serious contacts / influence ) is prepared to take out one of their partners in what could be one of the largest gas resources on the planet in a country that at present appears to be having a bit of an energy crisis, then there is something going on in the background that we are not aware of? I guess we won´t get an details on what they paid but boy would it be interesting to know? Nice timing for the announcement....just in time for a bit of coverage ( and speculation ) in the Sunday papers??????
thecynical1
05/5/2017
07:16
now....if they are prepared to take out SASOL, what do they know that we don´t? makes its even more interesting....
thecynical1
05/5/2017
07:13
That is a very interesting development imo! Pity there is no talk of the price of the price paid. Also very little info about the deal on the web as of now. interesting....really interesting....should be an interesting day here today if people start speculating that they will also ultimately take out FOG before things get too big.....wishful thinking on my behalf perhaps...but then again.....stranger things have happened......
thecynical1
04/5/2017
10:53
Cannot justify the sub cost of a seemingly Australian-only publication for just one article. Summary, please, Mirabeau
arc en ciel
04/5/2017
06:45
Been adding shares here and there but today's news is very welcome. Vowles approval of licence is welcome news HTTP://www.afr.com/business/jemena-says-nt-pipeline-extension-could-solve-east-coast-gas-crisis-20170503-gvxw8k
mirabeau
03/5/2017
09:34
Not so cynical, then. I looked it up and I first bought in October 2015-so have held for 1.5 years so far. Up 329% in that time. Lots more to go for.....
arc en ciel
02/5/2017
12:48
arc en ciel...was just checking....I have looked in here a couple of times over the last few weeks and didn´t see any new posts....I am also holding. I have been here so long, I may as well wait for another while!!! ; ) Would be nice to see some progress in SA but I suspect the political climate there is not going to help for the moment. News from Oz should imo be next catalyst. Let´s hope that the politicians in NT get real. If they do, this should really start to motor imo. Guess we´ll all have to wait and see.
thecynical1
02/5/2017
12:41
Sold up?? Moved on?? You must indeed be cynical. Personally I will hold the shares for years. My time horizon is at least 3 years. I would hate to sell and then see the price rocket like a firework to ££s as it could so easily due to any number of potential touchpapers being lit. As just one example, all the current interest is concentrated on the Beetaloo, and rightly so. But how about the Karoo potential? South Africa would swoon if a Falcon JV could uncover another world-class shale belt in the country.
arc en ciel
02/5/2017
09:55
has everyone sold up and moved on? Nice bit of action in Canada seems to have helped things here this morning. Now.....can it break through the 30p mark......?
thecynical1
03/4/2017
10:55
If or more likely when the moratorium on fracking by the NT Government is lifted I can see Falccn´s share price suddenly doubling from where it sits now.
loganair
03/4/2017
10:52
feels like these could keep rising week on week!
targatarga
03/4/2017
08:16
interesting..
thecynical1
25/3/2017
07:48
http://www.proactiveinvestors.co.uk/companies/market_reports/175361/small-caps-movers-investors-flock-to-falcon-oil-gas-175361.html
xtrmntr
24/3/2017
20:20
Thanks folks.
xtrmntr
24/3/2017
18:49
xtr It's simply the software making an incorrect judgement. The system makes a 'guess' as to the trade price relating it back to the mid price giving a buy or sell judgement..sometimes they are correct and sometimes they are not.. It's a guess like everything in the market!
mirabeau
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P:35 V: D:20170530 11:15:46