Falcon Oil & Gas Ltd. (FOG)

Sector:

Energy Producers

Index:

FTSE AIM All-Share

6.54p
   
  • Change Today:
    -0.014p
  • 52 Week High: 11.70
  • 52 Week Low: 6.15
  • Currency: UK Pounds
  • Shares Issued: 1,109.14m
  • Volume: 12,792
  • Market Cap: £72.49m

Falcon begins sidetrack to drill new hole in Beetaloo

By Josh White

Date: Thursday 30 Jan 2020

LONDON (ShareCast) - (Sharecast News) - Falcon Oil & Gas announced the start of the sidetrack to drill the new horizontal production hole section of the Kyalla 117 N2-1H ST2 well in the Beetaloo Sub-Basin, Australia on Thursday.
The AIM-traded firm said the new horizontal section would again target a lateral length of 1,000 to 2,000 metres within the Lower Kyalla shale, at a depth of around 1,800 metres.

"Drilling results to date have been encouraging, and Falcon remains very optimistic about the potential of the Lower Kyalla shale play," said chief executive officer Philip O'Quigley.

"We look forward to updating the market as further results become available."

At 1026 GMT, shares in Falcon Oil & Gas were up 0.53% at 11.44p.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

FOG Market Data

Currency UK Pounds
Share Price 6.54p
Change Today -0.014p
% Change -0.22 %
52 Week High 11.70
52 Week Low 6.15
Volume 12,792
Shares Issued 1,109.14m
Market Cap £72.49m

FOG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
15.95% below the market average15.95% below the market average15.95% below the market average15.95% below the market average15.95% below the market average
44% below the sector average44% below the sector average44% below the sector average44% below the sector average44% below the sector average
Price Trend
57.15% below the market average57.15% below the market average57.15% below the market average57.15% below the market average57.15% below the market average
1.27% above the sector average1.27% above the sector average1.27% above the sector average1.27% above the sector average1.27% above the sector average
Income Not Available
Growth Not Available

FOG Dividends

No dividends found

Trades for 23-May-2024

Time Volume / Share Price
13:36 757 @ 6.60p
13:29 7,519 @ 6.57p
12:23 3,066 @ 6.50p
08:00 1,450 @ 6.55p

FOG Key Personnel

CEO Philip O'Quigley
CFO Anne Flynn

Top of Page