Detail akcie Falcon Oil&Gas online

Business Summary: Falcon Oil & Gas Ltd. is an international oil and gas company. The Company is engaged in the exploration and development of unconventional oil and gas assets, with the portfolio focused in Australia, South Africa and Hungary. Its principal interest is located in two underexplored basins in Australia and South Africa, with further interest in Hungary, covering over 12.3 million gross acres. Its Beetaloo Sub-basin project is located in the Northern Territory, over 600 kilometers south of Darwin. The Company holds a Technical Cooperation Permit, covering an area of over 30,327 square kilometers in the southwest Karoo Basin, South Africa. The Karoo Basin contains thick, organic rich shales, such as the permain whitehill formation representing the focus of shale gas permit applications. Its Mako Production License (Mako Trough) is a sedimentary basin located in south-eastern Hungary in the mature Pannonian basin. Mako Trough includes two plays: Mako Shallow Play and Mako Deep Play.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Falcon Oil & Gas Ltd revenues was not reported. Net loss decreased 16% to $3.3M. Lower net loss reflects Share based compensation decrease of 61% to $316K (expense), Decommissioning provision decrease of 42% to $480K (expense), Interest income on bank deposits increase from $43K to $170K (income).