Beetaloo Basin, Australia

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Falcon Oil & Gas Australia Limited (“Falcon Australia”) is a majority owned subsidiary of Falcon Oil & Gas Ltd,

Falcon Australia is an Australian unlisted public company, engaged in the exploration and development of world class conventional and unconventional oil & gas resources in the Beetaloo Basin, Northern Territory.

Falcon Australia holds a 30% interest in approximately 4.6 million gross acres comprised of Exploration Permits 98,  76, and 117 covering the majority of the Beetaloo Basin.

On 21 August 2014, Falcon Oil & Gas Australia Ltd. (“Falcon Australia”) completed a Farm-Out Agreement and Joint Operating Agreements (collectively “the Agreements”) with Origin Energy Resources Limited, a subsidiary of Origin Energy Limited (“Origin”) and Sasol Petroleum Australia Limited, a subsidiary of Sasol Limited (“Sasol”), collectively referred to herein as “the Farminees”, each farming into 35% of Falcon’s Exploration Permits in the Beetaloo Basin, Australia (“the Permits”).




















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