harpmandoodle
22 Oct 2015
Limp! This one needs attention: [link]
Peermade
22 Oct 2015
Re: good news Very promising news and look forward to "loads of money" or should I say oil and gas
pedro07
22 Oct 2015
good news Philip O'Quigley, CEO of Falcon, commented: "This is an incredibly exciting time for the Company and a positive development for the JV. Today's news, not only demonstrates the huge commitment from our partners Origin and Sasol but it is a massive endorsement of the potential prospectivity of our Beetaloo acreage."We remain fully carried with the drilling of the horizontal well due to commence imminently, 12 months ahead of schedule, which will assess hydrocarbon saturation and reservoir quality of the Middle Velkerri 'B Shale' formation. Subsequent multi-stage hydraulic stimulation of the Amungee NW-1H well will provide key technical information such as gas flow rates and delivery potential and, ultimately, help the JV to move as fast as possible to horizontal production test wells within the Middle Velkerri formation."
Ripley94
16 Oct 2015
Re: Malcolm Graham-Wood of MalcysBlog.co... Falling back, any reason ?
Jelly Deal
19 Jun 2015
Massive potential, getting ready to spud Look at the company presentation guys and gals. Amazing potential.
Bubsy the cat
09 Jun 2015
Malcy's Blog Falcon Oil & GasAll of a sudden there is a lot going on at Falcon, after I interviewed CEO Philip O’Quigley on TipTV the week before last there is activity in both its key areas. Last week it was Australia where drilling operations got under way and this week it is good news from South Africa. I understand that the Government there has Gazetted new fraccing regulations for the oil and gas industry. Publication of these means that exploration licences for shale gas can be issued to those companies that applied in the past. I take this to be good news for Falcon who have had an application in for a 7.5m acre permit in the Karoo Basin, a farm-out would probably follow, maybe to technical partner Chevron but i’m sure there will be plenty of interest in this asset.
pedro07
29 May 2015
Australian shale exploration programme has now kicked off.The company, which has a 30% stake in 4.6mln acres within the Northern Territory, today revealed that operations have begun at the first well location.It is expected that the Kalala S-1 exploration well will now spud before the end of June, and the drilling will last between 35 and 50 days.Kalala S-1 will be drilled to a depth of around 2,800 metres and it will target the Middle Velkerri formation to assess hydrocarbon saturation and reservoir quality. This will be the first of three wells in the programme.“We are delighted to announce the commencement of drilling operations and the expected spudding of the first of our three well fully funded drilling campaign by the end of June 2015, in this highly attractive basin,” said chief executive Philip O’Quigley.“We look forward to exploring the potential of the Beetaloo Basin in Australia with our partners and updating the market with further details in due course.”The project is operated by Australian firm Origin Energy, which has a 35% stake, and Falcon is also partnered with South African energy major Sasol, which also has 35%.The partners, as a result of a deal last year, are carrying the full A$63mln cost of the first five wells, which are part of a larger nine-well campaign.Partnering with Origin and Sasol has effectively funded Falcon’s participation in the exciting exploration phase and, importantly, has underlined the attractiveness of the acreage the AIM firm secured as an early mover.The resource potential of the Beetaloo could be very significant if exploration work backs up assumptions made about the shale play modelled by current estimates.A 2013 report by industry consultants RPS estimated its gross recoverable resource potential to be 162 trillion cubic feet of gas and 21.3bn barrels of oil.Before investors get too carried away, however, the three initial wells planned for this year are unlikely to deliver the sort of information on which meaningful economic modelling can be based.They are designed to assess the carbon content of the Velkerri and to identify the thickest shale of sequence.This is part of the sweet spot hunting that will direct next year’s two big wells – one vertical, the other horizontal.Kalala S-1 aims to provide crucial information that will enable future horizontal drilling, stimulation, completion and production testing.Investor attentions are now expected to zero-in on Falcon in the coming weeks as the drill-bit begins to turn.
Ripley94
28 May 2015
Re: Malcolm Graham-Wood of MalcysBlog.co... Does he tip then trade out ?noticed when big movements on his tips he says silent and blogs about other tips .Not sure what to make of him.
harpmandoodle
27 May 2015
chrisoil
28 Jan 2015
Re: Malcolm Graham-Wood of MalcysBlog.co... As my post below i have updated my chrisoil blog to include podcasts which include Falcon oil have a listen
chrisoil
26 Jan 2015
Re: Malcolm Graham-Wood of MalcysBlog.co... I mention fog falcon as my tip of 2015 Charles Stanley forecast 19.7p on beetaloo initial drill in the spring fully funded.Articles can be seen through my new blog [link] RNS was known in the pipeline regarding Hungary.RegardsChrisoil
