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 in the 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
  • Notification of Discovery announced in October 2016
  • Material gas resource announced in February 2017
  • Origin acquired Sasol's 35% interest in May 2017

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

Makó Trough, Hungary
  • 245,775 acres in the Mako Trough, Central Pannonian Basin
  • 35-year Production License granted May 21, 2007

  • Overview
  • Makó Trough, Hungary
  • Beetaloo Basin, Australia
  • Karoo Basin, South Africa
  • Falcon Oil & Gas News and Articles on Proactive Investors

    Falcon Oil & Gas highlights strong financial position as it awaits Australia fracking verdict

    Review into proposals to frack vast shale resources in the B...

    Falcon Oil & Gas expects draft Northern Territory report by mid-December

    It is now expected that a draft final report will be publish...

    Falcon Oil & Gas highlights strong financial position

    Falcon was debt free and had US$9.7mln of cash at the end of...

    Falcon Oil & Gas investors find encouragement as partner Origin praises preliminary report on Fracking in Northern Territory

    Origin Energy, Falcon's partner in Australia, has welcomed a...