Overview

Falcon holds interests in almost 12.3 million gross acres prospective for mulitple BBO and TCF in three major underexplored basins in Hungary, Australia, and South Africa.

Beetaloo Basin, Australia
  • 4.6 million gross acres (1.4 million net acres) onshore in the Beetaloo Basin, Australia
  • Three Exploration Permits granted in 2005 and 2006
  • A$200 million Farm-Out with Origin and Sasol completed in August 2014 
  • Commencement of a nine well exploration and appraisal programme in 2015
  • Notification of Discovery announced in October 2016.

Karoo Basin, South Africa
  • 7.5 million acres onshore Karoo Basin, South Africa
  • Highly competitive, strategic location 
  • Technical Cooperation Permit granted 2009, Exploration License pending
  • Cooperation Agreement with Chevron signed in Dec 2012 
Makó Trough, Hungary
  • 245,775 acres in the Mako Trough, Central Pannonian Basin
  • 35-year Production License granted May 21, 2007

  • Overview
  • Beetaloo Basin, Australia
  • Karoo Basin, South Africa
  • Makó Trough, Hungary
  • Falcon Oil & Gas News and Articles on Proactive Investors

    Falcon Oil & Gas looks forward to Aussie shale gas progress

    The significant new shale discovery was confirmed in October...

    Falcon Oil & Gas boosted by significant Aussie shale gas milestone

    “This declaration of discovery is a huge leap forward, so it...

    Falcon boss: Beetaloo shale gas discovery “terribly exciting”

    Falcon Oil & Gas Ltd ( LON:FOG ) boss Philip O’Qui...

    Falcon Oil & Gas’s Aussie shale discovery declared official

    Philip O’Quigley, Falcon chief executive, described the fili...