Falcon Oil & Gas Share Discussion Threads

[loganair] 17/4/2018 15:22

By Malcolm Graham-Wood:

Excellent news this morning from Falcon (FOG) as the NT Government has ended the moratorium leaving the consortiumi to go ahead.

Even more exciting is the accompanying release from Origin suggesting they are keen as Colmans to get going with the project.

As I said last time, they have been keeping the project warm, but with a lot of preparation needed to be done now they should be in a position to spin the drill bit next year.

Patient holders of Falcon are now rewarded and it's not too late to join this caravan, which should be a major play for a very long time, not least as Australia is ironically domestic gas short...

[palwing13] 17/4/2018 15:09

Thanks Steelwatch......great confidence inspiring info there for current and future share holders. Shame the share price is not reflecting the obvious huge potential here.

[s34icknote] 17/4/2018 09:05

Looks good .Clear run way for take off.I did expect more of a rise .Have seen this before where it's held while positions are built and the profit takers move out .Wait and see . Lth for buy out .Sicknote

[squiresquire] 17/4/2018 08:52

No one is more ready to go than Origin and POQ

[thecynical1] 17/4/2018 07:35

Mirabeau....I guess everyone here already has their position.... Some of us have been here for what seems like ages.... : )

[thecynical1] 17/4/2018 07:26

It has been a long wait....good luck everyone on here.....

[thecynical1] 17/4/2018 07:23

Anybody care to predict the opening price this morning?

[squiresquire] 17/4/2018 07:20

One of the biggest gas plays on the planet. Hardly anyone has heard of it yet here we are with moratorium lifted and Origin saying they are going to drill ahead with all five wells.

[hermana3] 17/4/2018 07:12

Will be lively here for sure!!!

[thecynical1] 17/4/2018 07:08

Could be interesting on here today...

[thecynical1] 17/4/2018 07:08

Lifted.. : (

[hermana3] 17/4/2018 06:46

Will be a new lease of life here today!

[palwing13] 17/4/2018 01:53

Up 8.6% on the TSX.

[hermana3] 16/4/2018 19:58

The potty is out for early doors.....

[loganair] 16/4/2018 19:52

Fracking given green light by NT Government:

Chief Minister Michael Gunner will announce the decision this morning (Tuesday), ending an 18-month stand-off over the controversial practice. It's understood Cabinet signed off on the final details of its response yesterday (Monday).

[shirley83] 16/4/2018 19:51

Logansir I'd triple that. Depending on the amount ogf gas actually found this will be billions

[loganair] 16/4/2018 19:46

Around a year ago I read a report saying that they thought FOG 30% stake in their Australian license could be worth any where between 120p and 150p per share plus up to a further 35p per share for their South African license.

[shirley83] 16/4/2018 19:23

Many TCF, s is worth billions.. This will hit 100p soon enough.. Gap up in the morning

[mirabeau] 16/4/2018 19:09

Too right its very valauble and O'Quiggers knows this as well. TCF estimations will no doubt start to rise as we move forward and with that the value of our 30%

Get David Close out into the public domain and start embellishing the mighty Beetaloo

[loganair] 16/4/2018 19:08

Falcon always said they will not take in to production and will sell their license.


"There would need to be additional drilling and reservoir modelling to understand the extent and nature of the resources."

"This would require at least another 12 months' work, possibly more," and it was unlikely" that any shale gas production in the Beetaloo Sub-basin would occur in fewer than three years."

[squiresquire] 16/4/2018 19:03

mirabeau

You are so damn right, its really valuable.