Beetaloo Basin, Australia

Click here to visit the Falcon Australia website

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 100 percent interest in approximately 4.6 million acres comprised of Exploration Permits 98,  76, and 117 covering the majority of the Beetaloo Basin.

On 2 May 2014, Falcon Oil & Gas Australia Ltd. (“Falcon Australia”) executed Definitive Agreements including 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”, to each farm into 35% of Falcon’s Exploration Permits in the Beetaloo Basin, Australia (“the Permits”). The Agreements are subject to conditions inter alia Government, statutory authority consents and relevant Stock Exchange approvals.

  • Overview
  • Beetaloo Basin, Australia
  • Karoo Basin, South Africa
  • Makó Trough, Hungary
  • Falcon Oil & Gas’s shale strategy is yielding results, says finnCap

    Falcon Oil & Gas ’s ( LON:FOG ) strategy of monetis...

    Falcon Oil & Gas encounters gas in Besa D-1 well

    Falcon Oil & Gas ( LON:FOG ) told investors that t...

    South Africa shale exploration should start as soon as possible, minister says

    South Africa’s nascent shale industry received another app...

    Falcon Oil & Gas boosted amid reports South Africa’s new resource laws will be reviewed

    There is increased hope that potentially stifling natural ...