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 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

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 spuds Beetaloo well, readies for Amungee fracking

    “We look forward to updating the market on both of these key...

    Falcon Oil & Gas advancing towards production testing

    Amungee NW-1H, drilled last year, in Australia’s Beetaloo sh...

    Falcon Oil & Gas expects Karoo Basin licence in 2016

    The oil and gas company says it expects be awarded the explo...

    Falcon shares set for Beetaloo boost if fracking programme proves a success

    We take a closer look at Falcon Oil & Gas and the upcomi...