Falcon Oil & Gas Share Discussion Threads

[arc en ciel] 06/3/2018 22:24

To be precise:

"Chairing the Inquiry is the Honourable Justice Rachel Pepper. Justice Pepper will oversee a panel of 10 scientists with expertise in disciplines such as water, geology, ecology, health, sociology and engineering".

Note that the scientists mentioned did not include economists. All submissions had to be in by the end of February 2018 -we're nearly there!

[mirabeau] 06/3/2018 20:49

h3

He is a she fella! Pepper is a lady

[hermana3] 06/3/2018 20:42

Justice Pepper must be penning his judgement!

[hermana3] 05/3/2018 22:03

$70 would suit producers particularly shalers a wee bit better!

[loganair] 05/3/2018 20:38

I understand the current price of oil is at what the market calls the 'Sweet Spot', good for both the Consumers and Producers.

[hermana3] 05/3/2018 20:33

Logan,Could be hedging their bets. A bit of a Mexican standoff vis a vis volume and share price here since a week back.....

[loganair] 05/3/2018 13:05

Interesting being reported that OPEC countries are thinking of investing in US shale companies - Why?

My best guess would be to make sure the US shale companies they're invested in do not produce too much oil and therefore making sure the oil price is kept around where it is at the moment.

[hermana3] 05/3/2018 07:07

Coming to a cinema near you anyday now!

[hermana3] 02/3/2018 09:31

20p before close of play? News next week....

[hermana3] 02/3/2018 08:57

theC,In after Malcolm Turnbull I say!!!

[thecynical1] 01/3/2018 21:52

hermana....have you just bought these??? ; )

[hermana3] 01/3/2018 09:51

At worst 4 more weeks before the ban is lifted. Wouldn't want to be out of this one over the weekend...

[hermana3] 27/2/2018 20:35

Steady notches up now as news awaits.

[hermana3] 26/2/2018 20:45

225K rollover at close of play. I would not like to be out of this one either now....

[hermana3] 26/2/2018 20:17

Let's hope Phil and Origin have made their case very well.

[squiresquire] 26/2/2018 07:34

Well worth a read.

[hermana3] 25/2/2018 20:30

Gunner wont upset The NT. Good week coming up.....

[loganair] 25/2/2018 20:15

O'Quigley said his confidence that the ban will be lifted was based on the findings of a draft final report on the matter, commissioned by the authorities.

O'Quigley said he was confident that the relevant minister - Michael Gunner - would proceed on the basis of the final report's recommendations, given Gunner's previous indications. The final report is due to be released next month.

[s34icknote] 22/2/2018 12:19

Chunky late trades from yesterday going through Sicknote

[loganair] 22/2/2018 11:50

Hopefully it is a sign that the institutional investors are of the opinion that any report will be on the positive side even if there are restrictions such as no fracking with in a certain number of miles of centers of population etc.

[s34icknote] 22/2/2018 10:30

Looks like about to spike !Sicknote

[s34icknote] 21/2/2018 13:41

This seems to be moving up fast .Little selling .Sicknote

[loganair] 21/2/2018 10:09

Just a month to go until the Norther Territories fracking report to be published and the NT Governments response.

[mirabeau] 21/2/2018 07:49

Falcon Oil & Gas Ltd. ("Falcon")

Kyalla Formation Evaluation, Beetaloo Basin, Australia

21 February 2018 - Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG, ESM: FAC) is pleased to announce that Origin Energy Limited ("Origin") presented a technical paper on the potential of the Kyalla Formation in the Beetaloo Sub-basin at the Australia Exploration Geoscience Conference (AEGC) in Sydney earlier today. The key conclusions by Origin are summarised below:

Kyalla Formation Evaluation

Reservoir and geomechanical analysis acquired at the Beetaloo W-1 well indicate the presence of two potential Source Rock Reservoir ("SRR") intervals; the middle Kyalla SRR and the lower Kyalla SRR.

Geomechanical properties of the lower Kyalla SRR suggest it has the greater potential and could be conducive to successful hydraulic fracture stimulation.

Development of the lower Kyalla SRR, if viable, could have significant cost advantages over that of the middle Velkerri SRR due to expected lower drilling costs.

Mudgas and core analysis indicate the reservoir is likely to be wet gas which could also improve the economics considerably.

There is also the possibility that a successful lower Kyalla SRR test could lead to a 'stacked' play development with the middle Velkerri SRR. Infrastructure sharing synergies, with a greater portion of centralised infrastructure, could result in significant cost savings and an optimised surface footprint.

Further appraisal work is required to determine the deliverability of the identified Kyalla SRRs.

Philip O'Quigley, CEO of Falcon, commented:
"Today's announcement is encouraging and follows the February 2017 Discovery Evaluation Report publication on the existence of a material gas resource in the middle Velkerri formation. We look forward to the Final Report from the scientific inquiry into hydraulic fracturing due to be published in March and the Northern Territory Government's response to the Final Report before determining the forward exploration / appraisal program."

-

[hermana3] 29/1/2018 23:02

About 5 weeks to go now!