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Share Price: 6.60

Bid: 6.50

Ask: 6.70

Change: 0.00 (0.00%)

Spread: 0.20 (3.077%)

Open: 6.60

High: 6.60

Low: 6.60

Prev. Close: 6.60

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IN BRIEF: Falcon Oil & Gas starts testing at Shenandoah South well

Fri, 02nd Feb 2024 18:53

Falcon Oil & Gas Ltd - Australia, Hungary and South Africa-focused oil and gas company - On Monday, announces the start of the 30-day initial production testing at the Shenandoah South 1H well in EP117, operated by Falcon Oil & Gas Australia Ltd's joint venture partner, Tamboran B2 Pty Ltd. Explains for normal operational reasons, the SS1H well was shut-in for a three week soak period and was successfully re-opened on January 25. The aim of soaking was to allow for sufficient stimulation fluid to be absorbed by the shale, increasing the relative permeability to gas of the formation and enhancing future production performance. The IP30 test has now commenced, and results are expected by the end of February.

Current stock price: 10.00 pence

12-month change: up 7.5%

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

More News

4 May 2022 12:19

Falcon Oil updates work programme at Beetaloo

(Sharecast News) - Falcon Oil & Gas updated the market on the stage three work programme in the Beetaloo Sub-Basin of Australia's Northern Territory on Wednesday, with its joint venture partner Origin Energy.

1 Apr 2022 06:01

IN BRIEF: Falcon Oil & Gas receives placement from Sheffield Holdings

Falcon Oil & Gas Ltd - oil and gas company focused on Australia and South Africa - Receives private placement from Sheffield Holdings. Falcon sells 62.5 million shares at a price of CAD0.20 each to Sheffield Holdings for a total of USD10 million. Sheffield will hold a total of 90.4 million shares in Falcon, representing 8.7% of Falcon's issued and outstanding shares.

25 Mar 2022 20:37

IN BRIEF: Falcon Oil & Gas clarifies sanction situation with Lamesa

Falcon Oil & Gas Ltd - oil and gas company focused in Australia and South Africa - On Wednesday notes sanctions against Viktor Vekselberg. Explains that Vekselberg is a beneficiary of the foundation that holds 100% of the shares in Lamesa Holding SA which holds 16% of Falcon's share capital. Says Lamesa nor Vekselberg have any influence or control over the operations of Falcon and/or its subsidiaries. Adds that for as long as the US imposes sanctions on Vekselberg, Lamesa’s shares in Falcon remain quarantined.

25 Jan 2022 12:08

Falcon upbeat on planned work in Beetaloo Sub-Basin

(Sharecast News) - Falcon Oil & Gas detailed its stage three work programme in the Beetaloo Sub-Basin of Australia's Northern Territory on Tuesday, with its joint venture partner Origin Energy B2 - a wholly-owned subsidiary of Origin Energy.

15 Oct 2021 11:58

Falcon Oil & Gas up on encouraging early results from Australian well

15 Oct 2021 10:50

AIM WINNERS & LOSERS: Falcon Oil rises on Velkerri-76 drill results

7 Oct 2021 14:43

TRADING UPDATES: Hardide upbeat on recovery; SIMEC permit delayed

14 Sep 2021 06:56

IN BRIEF: Falcon Oil & Gas appoints Joe Nally as non-executive chair

6 Sep 2021 10:38

AIM WINNERS & LOSERS: Marechale stock doubles; Falcon extends gains

3 Sep 2021 17:03

LONDON MARKET CLOSE: Colossal US jobs miss rocks European markets

3 Sep 2021 16:41

IN BRIEF: Falcon Oil shares double after strong gas well test results

31 Aug 2021 21:35

UK EARNINGS SUMMARY: CentralNic sales rise, Base Resources ups payout

12 Aug 2021 19:25

TRADING UPDATES: Corcel buys Wo Wo Gap project; Amiad, UDG leave LSE

12 Aug 2021 12:18

Falcon Oil confirms spudding of Velkerri 76 well

(Sharecast News) - Falcon Oil & Gas announced the spudding of the Velkerri 76 S2-1 well in the Beetaloo Sub-Basin of Australia's Northern Territory on Thursday, with joint venture partner Origin Energy B2, which is a wholly-owned subsidiary of ASX-listed Origin Energy.

9 Aug 2021 11:14

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Falcon Oil Share News (FOG)

Share Price Information for Falcon Oil (FOG)

IN BRIEF: Falcon Oil & Gas starts testing at Shenandoah South well

Falcon Oil updates work programme at Beetaloo

IN BRIEF: Falcon Oil & Gas receives placement from Sheffield Holdings

IN BRIEF: Falcon Oil & Gas clarifies sanction situation with Lamesa

Falcon upbeat on planned work in Beetaloo Sub-Basin

Falcon Oil & Gas up on encouraging early results from Australian well

AIM WINNERS & LOSERS: Falcon Oil rises on Velkerri-76 drill results

TRADING UPDATES: Hardide upbeat on recovery; SIMEC permit delayed

IN BRIEF: Falcon Oil & Gas appoints Joe Nally as non-executive chair

AIM WINNERS & LOSERS: Marechale stock doubles; Falcon extends gains

LONDON MARKET CLOSE: Colossal US jobs miss rocks European markets

IN BRIEF: Falcon Oil shares double after strong gas well test results

UK EARNINGS SUMMARY: CentralNic sales rise, Base Resources ups payout

TRADING UPDATES: Corcel buys Wo Wo Gap project; Amiad, UDG leave LSE

Falcon Oil confirms spudding of Velkerri 76 well

IN BRIEF: Falcon Oil & Gas to start production testing at Amungee well

Latest Share Chat

Falcon Oil Share News (FOG)

Share Price Information for Falcon Oil (FOG)

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IN BRIEF: Falcon Oil & Gas starts testing at Shenandoah South well

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