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Pin to quick picksFalcon Oil Share News (FOG)

Share Price Information for Falcon Oil (FOG)

London Stock Exchange
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Share Price: 6.65
Bid: 6.50
Ask: 6.80
Change: 0.05 (0.76%)
Spread: 0.30 (4.615%)
Open: 6.65
High: 6.65
Low: 6.65
Prev. Close: 6.60
FOG Live PriceLast checked at -

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Falcon Oil & Gas spuds Australian Kalala S-1 well

Wed, 15th Jul 2015 09:27

(ShareCast News) - Falcon Oil & Gas has began drilling at its Australian Kalala S-1 shale well.The Kalala S-1 is the first of three planned wells on the site. It is expected to take between 35 and 50 days to reach the target depth of 2,800 metres.Falcon's 30% of the drilling costs will be covered by its drilling partners Sasol and Origin Resources, following 2014's farm out-deal.The drilling will analyse oil and gas maturity, providing Falcon with more information about the wider Velkerri formation that could inform future programmes."The spudding of Kalala S-1 well is an important milestone for the company and marks the start of our initial three well fully funded 2015 drilling campaign," said chief executive Phillip O'Quigley."The initial drilling programme is designed to test the hydrocarbon saturation and reservoir quality of the basin and determine the prospectivity of this highly attractive basin," he added.As of 0900 BST, Falcon was trading 3.6% higher at 8.4p.
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23 Jul 2014 09:01

Wednesday broker round-up UPDATE

Abcam: Canaccord Genuity ups target price from 375p to 400p and upgrades from hold to buy. ARM Holdings: Deutsche Bank cuts target price from 975p to 950p and maintains a hold recommendation. Credit Suisse lowers target price from 1125p to 1100p and leaves its outperform rating unaltered. Beazley:

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16 May 2014 12:10

UK MIDDAY BRIEFING: Carphone In Talks To Sell French Mobile Venture

LONDON (Alliance News) - Carphone Warehouse and Virgin Group are in exclusive talks to sell their Virgin Mobile France joint venture to Numericable Group for EUR325 million, just a day after Carphone announced its GBP3.6 billion merger with Dixons Retail.

The joint

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16 May 2014 10:29

UK WINNERS & LOSERS: LED International Off 58% As It Awaits Cash

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday.
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FTSE 100 - WINNERS
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WM Morrison Supermarkets, up 4.2%, J Sainsbury, up 2.6%, and

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16 May 2014 10:18

Falcon Oil Fails To Find Commercial Hydrocarbons From Kutvolgy-1

LONDON (Alliance News) - Falcon Oil & Gas Ltd Friday said its second exploration well at the Mako Trough in Hungary has gone into test drilling, but results from its first well at the site have failed to show commercial levels of hydrocarbons. The oil and gas exploration and development com

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2 May 2014 11:56

UK MIDDAY BRIEFING: IHG, RBS And AstraZeneca Highlight London Trade

LONDON (Alliance News) - InterContinental Hotels Group saw its share price jump Friday after the company declared a USD750 million special dividend and reported strong results for its first quarter.

IHG's dividend comes after the firm completed two asset disposals

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2 May 2014 11:00

UK WINNERS & LOSERS: InterContinental Hotels, RBS Lead FTSE 100

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday.
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FTSE 100 - WINNERS
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InterContinental Hotels Group, up 8%. The company has reported that revenue pe

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2 May 2014 09:39

Falcon Oil & Gas Agrees "Transformational" Farm-Out Deal

LONDON (Alliance News) - Falcon Oil & Gas Limited said Friday that its 98% subsidiary, Falcon Oil & Gas Australia Limited has signed "transformational" agreements for its exploration permits in the Beetaloo Basin in Australia. Falcon said that its Australian firm has executed Definitive Agr

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28 Apr 2014 10:33

Falcon Oil & Gas Says It Can't Explain Share Price Drop

LONDON (Alliance News) - Falcon Oil & Gas Ltd Monday said it is unaware of any reason for its recent share price fall on the Canadian TSX Venture Exchange. The company's shares fell by 19% on TSX on Friday to CAD0.145, and its shares on London's AIM are off 7.7% to 8.65 pence Monday morning

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1 Nov 2013 12:52

UK WINNERS & LOSERS: Vodafone Up But Meggitt Slides After Warning

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1 Nov 2013 12:00

Falcon Oil & Gas Rises As It Buys Up Overriding Royalty Interests

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30 May 2013 08:19

Thursday broker round-up UPDATE

AMEC: Morgan Stanley reduces target price from 1220p to 1100p and retains an underweight rating. Amlin: JP Morgan takes target price from 360p to 400p maintaining an underweight rating. Brewin Dolphin: Canaccord Genuity raises target price from 230p to 285p and reiterates a buy recommendation. C

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24 May 2013 08:14

Falcon Oil & Gas consolidates interest in Beetaloo Basin

AIM-listed Falcon Oil & Gas has executed a conditional agreement with Sweetpea Petroleum Pty, a wholly-owned subsidiary of PetroHunter Energy Corporation, to acquire its 50m shares (or 24.2 per cent interest) in Falcon Oil & Gas Australia(FOGA). FOGA is a subsidiary of Falcon and is the registered

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