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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
  -1.25p -6.58% 17.75p 17.50p 18.00p 19.00p 17.75p 19.00p 195,805 16:16:02
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -3.0 -0.3 - 163.57

Falcon Oil Share Discussion Threads

Showing 2301 to 2323 of 2325 messages
Chat Pages: 93  92  91  90  89  88  87  86  85  84  83  82  Older
DateSubjectAuthorDiscuss
21/1/2019
19:07
Bring it on, Mr O'Quigley!
hermana3
21/1/2019
14:28
HTTP://www.malcysblog.com/2019/01/oil-price-hurricane-genel-vog-falcon-empyrean-and-finally/ MGW on Falcon - today 14:24 - 'Falcon Oil & Gas As Philip O’Quigley said to me this morning, ‘ I wouldnt normally put out an RNS just for a rig contract but this is more than just this’. Indeed after a two year moratorium into fraccing this announcement shows that FOG is back in business and how. The ‘significant’ contract is by JV partner and operator Origin who has signed up with Ensign for drilling operations for this year and an option on next. As soon as the dry season starts, likely in June, the drill bit will start turning on two horizontal fracced wells targeting the Kyalla and Velkerri liquids rich gas fairways. Dont forget that for this year Falcon is carried by Origin to a cap of A$65m which comes down to A$48m in 2020 so few worries about funding on that front for FOG. Whilst there are no preconditions about the order of drilling this year for the JV we do know that these results, and those from previous drilling, will determine the most commercially prospective play to be drilled in 2020. With the mess that is Australian domestic oil policy the wait for FOG may well prove to have been worth the while.'
mirabeau
21/1/2019
12:34
Philip O’Quigley interviewed on Proactive Investors; [...]
philby1
21/1/2019
07:35
Yippee going to be quite a Summer here now!!
hermana3
21/1/2019
07:12
HTTP://www.investegate.co.uk/falcon-oil---38--gas-ltd---fog-/gnw/falcon-oil---gas-ltd----2019-beetaloo-drilling-programme---rig-contract-signed/20190121070000H4751/ 2019 Beetaloo Drilling Programme - Rig Contract Signed 21 January 2019 Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG, ESM: FAC) is very pleased to announce that Origin Energy B2 Pty Ltd. (“Origin”), our joint venture (“JV”) partner and Operator of the Beetaloo project, in the Northern Territory, Australia, has signed a rig contract with Ensign Australia Pty Ltd. for Rig 963 for the 2019 Stage 2 Beetaloo drilling programme, with an option to extend the contract into 2020. 2019 Stage 2 Beetaloo Drilling Programme Subject to relevant approvals, and implementation of the exploration recommendations of the Inquiry into Hydraulic Fracture Stimulation in the Northern Territory, the JV will evaluate the potential of the liquids-rich gas fairways in both the Kyalla and Velkerri plays. Exploration and appraisal activities include the drilling and hydraulic fracture stimulation of two horizontal wells. Together with the Velkerri B dry gas play discovered in 2016, this allows for the assessment of three plays, enabling the most commercially prospective play to be targeted for Stage 3 drilling during 2020. Work has already commenced at some well sites, including water bore drilling and water monitoring, with drilling targeted to commence in June 2019. The Stage 2 Cost Cap is approximately A$65m for the exploration and appraisal programme, including the drilling and hydraulic fracture stimulation costs of two horizontal wells. Philip O’Quigley, CEO of Falcon, commented: “Today’s announcement is an exciting development for Falcon shareholders as the JV prepares to commence drilling in the highly prospective Beetaloo Sub-basin. We look forward to updating the market as work progresses over the coming months.” end
mirabeau
20/1/2019
21:53
LNG trains to Darwin from Beetaloo Today 21:52 A sample of delegates at SEAAOC show confidence in potential of the Beetaloo Basin to drive industry expansion in the NT - (Sept 2018) 'In 2030 LNG trains in Darwin will get more gas from the Beetaloo basin than from offshore conventional sources' - No way = 9 Maybe = 27 Think so= 14 - HTTP://twitter.com/rebecca_cass?lang=en-gb 'SEAAOC is Northern Australia’s largest and longest established petroleum conference and brings together major players involved within Australasia’s oil, gas and petroleum industries. SEAAOC is a joint initiative between Informa Australia & the Northern Territory Government. No other programme covers this area of the industry in such depth, enabling the event to attract the highest calibre of speaker and delegate attendance from across the entire oil and gas world. SEAAOC is a significant international opportunity to discuss key oil, gas and petroleum developments located across northern Australian and South East Asia.' - I don't know the gas volumes supplied to Darwin for LNG export but it must be huge. That 30% becomes ever more valuable
mirabeau
20/1/2019
19:14
All shaping up to be a great fracking season in The Northern Territory.
hermana3
20/1/2019
10:56
James Pratt - 30 Jan 2019 Today 10:54 Energy Club NT Back to Business - 30 Jan 2019 : Darwin Join us to bring in the new year and celebrate our third annual Back to Business sun downer event. The event will feature two guest presentations sharing an overview of the onshore gas implementation plan progress and how we can grow positive business and community benefits for natural gas development. With the release of its Final Report, the Scientific Inquiry into Hydraulic Fracturing in the Northern Territory determined that provided all recommendations in the Report are adopted and implemented, the environmental, social, health, cultural and economic risks associated with hydraulic fracturing of shale reservoirs could be reduced to an acceptable level. On 17 April 2018, the government accepted all 135 recommendations and lifted the moratorium on unconventional gas in the Northern Territory. James Pratt, Executive Director Onshore Gas Development at the Department of Primary Industry and Resources will join us to share and update on the NT Government’s progress of implementing recommendations in 2018, what is required to be finalised to commence exploration this year and the progression to production. HTTP://energyclubnt.com.au/event-3175069 Listen carefully and you can almost sense but not yet see the activity of all stakeholders preparing to re-engage with the actual process of getting back in on the ground. Santos, Origin, NTG and Canberra also contributing to the cost of water management, analysis etc etc required for fracking...
mirabeau
19/1/2019
17:56
'proactive approach to planning and investment by both governments is absolutely critical to ensuring the efficient delivery of infrastructure.' This is interesting. Both the Commonwealth and the NTG preparing to invest taxpayers money (NAIF?) to build the infrastructure...that makes our stake even more valuable...the route to commercialisation and the cost of that transferred to the taxpayer
mirabeau
19/1/2019
16:42
Nice graph for 2019 here!
hermana3
18/1/2019
20:29
The price's held up very well with buying interest coming back into the stock though I believe this is really just the start. Whenever I doubt the potential here I always read this and then it becomes apparent that our 30% is worth multiples of the current value even after one takes into account the capital cost of developing and getting the gas to the customer..the takeover price? Who knows...this reminds me of SOLG...prove up the asset and sell it to a major -- Harnessing the potential of Northern Territory’s gas industry 15 November 2018 The Australian and Northern Territory governments have signed an agreement that will help realise existing offshore gas reserves and the potential of the Beetaloo Sub-Basin as a new world-class gas province. Minister for Resources and Northern Australia Matthew Canavan signed a Memorandum of Understanding with Northern Territory Chief Minister Michael Gunner today. Under the MOU the Commonwealth and Northern Territory governments agree to work together to further develop the Northern Territory’s gas industry, both offshore and onshore gas. Minister Canavan said the MoU recognised the national significance of gas resources offshore northern Australia, the onshore gas resources of the Northern Territory and the need to attract investment and create economic growth. “The Beetaloo Sub-Basin can be developed safely and sustainably to the benefit of all Territorians, including indigenous communities and the wider Australian community,” Minister Canavan said. “Initial resource estimates for the Basin suggest there could more than 200 years of domestic gas supply for Australia at current levels of consumption - plus providing substantial quantities of gas for export. “That is an exciting prospect in terms of energy security for our existing domestic manufacturing sector and being able to support new manufacturers which might come online in years to come, particularly those based in the Northern Australia. “The Commonwealth and Territory governments recognise that a proactive approach to planning and investment by both governments is absolutely critical to ensuring the efficient delivery of infrastructure. "This MoU is a vote of confidence in the potential of the shale gas industry in the Northern Territory following the Territory Government’s decision to lift the moratorium on the use of hydraulic fracturing. “The Commonwealth is already working with NT Government and industry to resume exploration activities in the region to clarify the commerciality of the resource. Industry exploration to date indicates a P50 gas-in-place resource of at least 500 trillion cubic feet (TCF) for one of multiple prospective layers in the Beetaloo Sub-basin. There are also prospective liquids-rich resources providing another target for industry when they return to the basin in next year’s dry season." Northern Territory Chief Minister Michael Gunner said the signing of the MoU demonstrated the potential of the industry for the Territory. This is the chance for the Territory to continue to expand LNG exports while diversifying our economy through gas-based manufacturing. “The MoU will help establish the Territory as a world-class hub and to effectively implement the 135 recommendations from the independent scientific report into hydraulic fracturing in full,” he said. "It supports our Five Point NT Gas Strategy to create jobs through exploration, production, service and supply, export, manufacturing, research and innovation. “Our number one priority is creating local jobs and this MoU will help us proactively plan for a successful industry. This MOU will help us understand the science so we can protect our unique natural environment for future generations.” Major objectives of the MoU include: - contributing to national energy security - establishing the Northern Territory as a world class gas production, manufacturing and services hub - driving industry collaboration in the priority areas of infrastructure investment, Aboriginal economic development, common industry practices and research, innovation and training - managing social and environmental impacts for a Northern Gas Industry The Beetaloo Sub-Basin, located about 500 kilometres south of Darwin, is an 18,500km2 area highly prospective for shale gas. There is more than 30 trillion cubic feet of gas reserves in the Timor Sea with many operators actively developing commercialisation options. HTTP://www.minister.industry.gov.au/ministers/canavan/media-releases/harnessing-potential-northern-territorys-gas-industry
mirabeau
18/1/2019
11:19
mr h - Totally agree with you - I think it will be when the 2020 drill results are in when things will start to really warm up with the shares of FOGL.
loganair
18/1/2019
10:43
My View FWIW Hungry 0 S Africa 1-2p but if they get a drilling licence (has been imminent for many years) with 100% of 240 TCF of gas up for grabs, 25-35p + is possible. Australia, all will be proved up in the next 18 months,North of £1 my guess
mr hangman
18/1/2019
10:25
FOGL had a 3rd licence, I think it was in Hungry or some where similar which they wrote the value down to Zero.
loganair
18/1/2019
09:39
hermana3, you are spot on
rus4
17/1/2019
18:59
Logan, How do you base your loose valuation of 25-35p per share for South Africa assets? I was thinking they were worth sfa.
hermana3
17/1/2019
10:16
Origin - now hiring for Beetaloo Today 09:22 Senior Project Engineer Date: 17-Jan-2019 Location: Brisbane, QLD, AU Company: Origin Energy Services Ltd Hands on project delivery Support development of new gas assets and ventures The Role The Growth Assets team manages all of Origin's non-APLNG upstream gas assets and opportunities, delivering the Integrated Gas strategy through finding, appraising and optimising the value our assets (initially, Beetaloo, Ironbark, Poseidon and Heytesbury with the potential for future growth). HTTP://careers.originenergy.com.au/job/Brisbane-Senior-Project-Engineer-QLD/531195600/
mirabeau
17/1/2019
10:15
NTG revving up for the restart - Development of Onshore Gas Today 10:10 Locations: NT Australia (Onshore) Project Status: Stage 2 - Preparing for Exploration Project Owner Northern Territory Government Project Details The Northern Territory Government has set a vision for the Territory to become a world-class gas production, manufacturing and services hub by 2030. There are indications that the shale gas reservoirs in the Beetaloo Sub-basin are of global significance. Exploration will confirm the scale of our shale gas reserves. Darwin already has two liquefied natural gas plants, plus a thriving service and supply industry, and explorers continue their efforts to prove up more reserves in offshore and onshore fields. With the lifting of the moratorium on hydraulic fracturing in the Northern Territory, the Government committed to implement all of the recommendations set out in the Final Report from the Scientific Inquiry into Hydraulic Fracturing in the Northern Territory. Full implementation of the recommendations will be transformative, establishing a new benchmark for industry regulation. The required effort to implement these reforms is significant and the Northern Territory Government will implement all recommendations, to ensure the success of a sustainable, productive onshore gas industry in the Northern Territory. To read the Implementation Plan or access additional information, please visit hydraulicfracturing.nt.gov.au Strategic Oil and Gas Development supports the delivery of the Government’s five point gas strategy: 1. Expand Darwin’s world-scale LNG export hub; 2. Grow the Territory’s service and supply industry – including Shell’s Prelude floating LNG facility, Darwin is the service and supply hub for four LNG trains supplied by offshore fields; 3. Establish a gas based processing and manufacturing industry; 4. Grow local research, innovation and training capacity – Charles Darwin University is already conducting research relevant to the oil and gas industry, including the rate of metal erosion in tropical seas and advance high speed metal printing; 5. Contribute to Australia’s energy security. The Territory Government is committed to building a productive onshore gas industry that protects our unique environment and delivers local jobs and opportunities for local businesses. Ensure your business profile is up to date with ICN for access to opportunities to follow from this industry. HTTP://gateway.icn.org.au/project/4221/development-of-the-onshore-gas-industry-in-the-northern-territory?st=projects&;psid=1547719492
mirabeau
17/1/2019
10:11
I do not think a lot is going to happen with the share price until the 2020 drill results are known. FOGL have said many times that they do not intend to take their licence into production. Once all the drill results are known will sell their licence and return this cash to the share holders leaving them with the South African licence which is worth around 25p to 35p per share.
loganair
17/1/2019
09:51
I can sell 60k at 19.80p. That's the first time in a long time I can sell decent size at a premium to the current bid
mirabeau
17/1/2019
07:33
Good riddance to Sweetpea indeed!
hermana3
17/1/2019
07:13
From WW on LSE this morning. The distressed seller's departed the building and the starting pistol's been fired for 2019 'Nerves: I have the same question. I am holding a few Petrohunter shares myself. If Sweetpea/Petrohunter is now in chapter 11 one would think we should have some hope of an increased valuation going forward. I heard the guys in charge of Sweetpea misrepresented the liabilities of the company (to them I assume?) and were selling Falcon stock to fund the chapter 7 and I begin repaying the false claims - lining their pockets. When Bruner found out what was happening to the shares he entrusted to these crooks he hired lawyers, flew to Switzerland and the outcome was the bankruptcy judge threatened these guys with jail time if they didn't replace the illegally sold share and the judge changed the bankruptcy to a Chapter 11. I assume that is when Falcon relisted this 6.6% shareholder. Don't take any of this too literally as it is coming second/third hand. The important thing in all of this is that the incessant selling of Falcon is now off its back and hopefully we see the stock acting more positively going forward.''
mirabeau
16/1/2019
22:10
What I saw being reported was 100p for their Austrailian Licence and 35p for their South African Licence.
loganair
Chat Pages: 93  92  91  90  89  88  87  86  85  84  83  82  Older
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