Falcon Oil & Gas Share Discussion Threads

[thecynical1] 06/11/2013 17:29

wow. what was that about? 2 x 2 million trades?

[thecynical1] 06/11/2013 08:36

I wonder what trade will be announced later....something moved the offer fairly sharpish...... ; )

[plunger2] 04/11/2013 10:15

APA clearly like these plays:

[thecynical1] 04/11/2013 08:26

yep - looks like a case of getting your ducks in a row to me. Wonder who the potential partner is.....?

[wizard2020] 01/11/2013 08:15

If they have undertaken to pay US$ 7m for 4% of the ORRI then, if it is not merely to unblock restraints on the intended farm out, this implies that they see the NPV at around US$ 175m. Even if it is just to unblock this is a sign of material confidence in the farm out progressing

[coco36] 31/10/2013 23:01

went to the meeting on the 23rd, won a bottle of champayne,will be corking it when the deal comes,if it ever does !

[thecynical1] 31/10/2013 20:48

have we another false dawn in Canada or is there really somerhing happening here is time round? 600,000 traded so far and rising........interesting!

[aim_trader] 28/10/2013 11:39

Wizard2020, I was really impressed. There should be lots of news flow this side of Christmas re Beetaloo. The questions I heard over canapes and drinks were based around the profile of those companies that could be interested in Beetaloo and time line of an agreement.

The profiles are those of super majors and the time line is that these companies want to get started, so a deal could be struck this side of Christmas.

We shall see. In Philips words:

"Hess have built an $80mln hotel only to give us the keys and walk away"

[wizard2020] 28/10/2013 08:40

Thanks dbranz - that accords with the comments at the London presentation

[thecynical1] 26/10/2013 16:54

dbranz - thanks for clarifying that.

[dbranz] 26/10/2013 14:00

There was clarification of Hess' decision.
Seems that local office (Perth) said Yes. Also technical HQ (Houston) said Yes.
Then corp HQ (NY) had a policy change to get out of non-US drilling projects asap so, since they weren't allowed to farm down profitably & with no advantage to FO (FO veto), the answer was No. Seems that FO had negotiated a good contract!
New major farm-in likely within 3 months.

[wizard2020] 25/10/2013 13:18

Thanks Aim_Trader - good update on Morocco from the info I had - were there any questions whose answers are worth reporting back

[aim_trader] 25/10/2013 13:05

FOG's presentation from Wednesday in Manchester-

[wizard2020] 24/10/2013 09:27

Anybody at the Manchester presentation last night?

[ghostofahangman] 23/10/2013 21:33

Busy days trading in Canada by the looks of things, somethings up

[ghostofahangman] 23/10/2013 09:45

up again, somethings brewing here

[thecynical1] 22/10/2013 23:17

something brewing here...............Australian deal?

[753690] 21/10/2013 17:22

Interesting one & only buy today:
462,354 shares @ 10.5p

[aim_trader] 17/10/2013 09:14

Philip O'Quigley will be presenting to investors in Manchester on 23rd October at the Midland Hotel, 6pm, followed by complimentary wine and canape reception. Registration page:

[wizard2020] 14/10/2013 22:41

Hi cynical1.
RNS on Sept 3rd said

Re Aus
Farmout progressing well with the objective to ensure that all the plays
are drilled
Re Hungary
Preparations for testing the recently drilled Kutvolgy-1 well in Hungary
are now underway
Re S Africa
Awaiting award of unconventional exploration licence in Karoo Basin.
Continue to work under the Cooperation Agreement with Chevron

Since then nothing unless I have missed it and no comment on the BB re the AGM. Just seemed very quiet
Since Sep 3rd share price down by over 10%

[thecynical1] 14/10/2013 16:21

wizard - everyone is waiting to see a) what comes out of the drilling in Hungary..... b) whether they can find a farm-in partner for the Australian acreage that Hess lost their option on. What are you doing here? ; )

[wizard2020] 14/10/2013 16:16

zzzzzzzzzzzzz Silence may not be golden

[aim_trader] 07/10/2013 10:03

Philip O'Quigley will be updating investors in Manchester on 23rd October at 6pm.

REGISTRATION: