Falcon Oil and Gas Ltd.

Welcome To The Falcon Oil and Gas HUB On AGORACOM A global energy company with projects in Hungary, Australia & South Africa

http://www.hydrocarbons-technology.com/news/newsinpex-wins-approval-to-explore-beetaloo-basin-in-australia-4512408

This appears to be of importance to Falcon, along with Origin and Sasol, as Inpex is going be spending exploration money in the Beetaloo. The best parts of the Beetaloo are in Falcon's control, but if Inpex is willing to spend exploration money outside of the Falcon lands - it should be a plus for Falcon in the longer run. Inpex will most likely be the buyer of any gas produced by Origin - as they will want every bit of gas they can source for their LNG plant in Darwin.

If anyone can dig up where the Inpex Beetaloo parcels are located - would you please post that to the board. I wouldn't be surprised to find that Bruner's Paltar holdings to the west of Falcon holdings is one of sellers to Inpex - unless the properties are some the holdings that Falcon relingquished in their final adjustment with the Northern Territories?

Please login to post a reply
newtofo
City
Rank
Vice President
Activity Points
960
Rating
Your Rating
Date Joined
08/19/2012
Social Links
Private Message
Falcon Oil and Gas Ltd.
Symbol
FO
Exchange
TSX-V
Shares
921,537,517
Industry
Energy & Environment
Create a Post