Falcon is a global energy company with projects in Hungary, Australia & South Africa

Developing large acreage positions of unconventional and conventional oil and gas resources

Free
Message: All TSX-V Trades

The Beetaloo Strategic Basin Plan released as part of the gas-fired economic recovery

https://falconoilandgas.com/company-presentations/#1541158622782-52acf8a2-2f7f

FALCON OIL & GAS LTD. - NOTIFICATION OF DISCOVERY - KYALLA 117 N2-1H ST2

GlobeNewswireJAN 19, 2021 02:00 AM EST

Falcon Oil & Gas Ltd.

(“Falcon”)

Notification of Discovery - Kyalla 117 N2-1H ST2

19 January 2021 - Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) is pleased to announce that Origin Energy B2 Pty Ltd., a subsidiary of Origin Energy Resources Limited (“ Origin ”), our Joint Venture partner, has submitted a notification of discovery and an initial report on discovery (“ Notification of Discovery ”) to the Department of Industry, Tourism and Trade of the Northern Territory (“ DITT ”) on the Kyalla 117 N2-1H ST2 well (“ Kyalla 117 ”) in the Beetaloo Sub-basin, Australia. The Notification of Discovery is a requirement under s64(1) of the Petroleum Act 1984 (Northern Territory) and the NT Guidelines for reporting a petroleum discovery.

Details of the Notification of Discovery from Origin to the DITT are as follows:

  • The Notification of Discovery is supported by preliminary production test data and petrophysical modelling.
  • This follows the introduction of nitrogen to lift the fluids in Kyalla 117, which has enabled Kyalla 117 to flow unassisted for a period of seventeen hours.
  • Unassisted gas flow rates ranging between 0.4-0.6 MMscf/d over seventeen hours were recorded.
  • Flow back of hydraulic fracture stimulation water to surface over the same period, averaged between 400-600 bbl/d.
  • Initial analysis suggests a liquid-rich gas composition with less than 1% CO 2 .
  • Condensate shows were also observed.

Further Information

  • These early-stage flow rates are preliminary indications of well performance, and an extended production test (“ EPT ”) will be required to determine the long-term performance of Kyalla 117.
  • Longer-term measures will be put in place to flow back sufficient hydraulic fracture stimulation water to allow Kyalla 117 to flow continually without assistance and enable an EPT to continue in the coming months during the dry season.
  • A further update will be provided when production testing has concluded, and detailed evaluation has been undertaken, expected to be in Q2 2021.

Australian Government
The Australian Government announced last week that it would invest A$217m in economic enabling infrastructure and upgrades to remote roads in the Northern Territory.  These upgrades will provide quality infrastructure to support gas development and other industries in and around the Beetaloo Sub-basin. This is in addition to the A$50m being provided by the Australian Government to accelerate exploration activity in the Beetaloo announced last December.

This announcement contains inside information.

Philip O’Quigley (CEO of Falcon) commented:
“The Notification of Discovery and Initial Report issued by Origin mark an encouraging development and the results to date meet our objective to flow liquids rich gas from the Kyalla formation.

We look forward to our operator, Origin, putting in place longer term measures to flow back sufficient hydraulic fracture stimulation water to allow the well to flow continually without assistance and enable production testing to occur in the coming months during the dry season.

In addition to this we welcome the news from the Australian Government to invest a further A$217m in the Northern Territory in infrastructure to support gas development and other industries in and around the Beetaloo Sub-basin.

We will update the market when production testing has concluded, and a detailed evaluation has been undertaken.”

.

This announcement has been reviewed by Dr. Gábor Bada, Falcon Oil & Gas Ltd’s Head of Technical Operations. Dr. Bada obtained his geology degree at the Eötvös L. University in Budapest, Hungary and his PhD at the Vrije Universiteit Amsterdam, the Netherlands. He is a member of AAPG.

About Falcon Oil & Gas Ltd.
Falcon Oil & Gas Ltd is an international oil & gas company engaged in the exploration and development of unconventional oil and gas assets, with the current portfolio focused in Australia, South Africa and Hungary. Falcon Oil & Gas Ltd is incorporated in British Columbia, Canada and headquartered in Dublin, Ireland with a technical team based in Budapest, Hungary.

Falcon Oil & Gas Australia Limited is a c. 98% subsidiary of Falcon Oil & Gas Ltd.  Falcon Oil & Gas Australia Limited and a wholly-owned subsidiary of Origin Energy Limited (ASX: ORG) (“ Origin Energy ”) are joint venture partners in respect of the Beetaloo project.

For further information on Falcon Oil & Gas Ltd. please visit www.falconoilandgas.com

About Origin Energy
Origin Energy is a leading Australian integrated energy company. Origin is a leading energy retailer with approximately 4.2 million customer accounts, has approximately 7,500 MW of owner and contracted power generation capacity and is also a large natural gas supplier. Origin is the upstream operator of Australia Pacific LNG, which supplies natural gas to domestic markets and exports LNG under long term contracts.

www.originenergy.com.au

Take away:

Do not sell any of your Falcon shares under $10.00

Prior to the 2019-10-09 Falcon announcement The Backroom Boys with other parties of interest suppressed all information from australia, just to get their grubby fingers on your shares.By now, you would think that they would turn over a new leaf and stop manipulating the stock with fake trades.

No, I did not moved or delated any images. Draw your own conclusions.

Many thanks to the BackroomBoys to prove just how badly they yearn to possess your Falcon shares. 

So hold and do not selll any of your shares under $10.00

The heat is on!

Do not sell your shares under $10.00

Falcon Oil & Gas Ltd. - Successful Drilling of Kyalla 117 N2-1H ST2 Horizontal Well

As we watched the Backroom Boys shenanigans on September 4th 2019, we were reminded of the following actions 5 years ago.

Now I want to remind the investors of the infamous backroom boys shenanigans on April 25, 2014:

Historical News

2014-05-02 08:05 ET - News Release

 Mr. Philip O'Quigley reports

FALCON OIL & GAS LTD.: TRANSFORMATIONAL FARM-OUT OF BEETALOO UNCONVENTIONAL ACREAGE, NORTHERN TERITORY, AUSTRALIA

 Exactly one week before this announcment the backroom-boys assaulted the faitful Falcon shareholders with a 24 million shares manipulation tried to create a panic sell off. Ofcourse they failed.

 Shame on them!

Stay the course! Hold your shares!

Remember this: Do not sell any of your shares under $10.00

So, hold your shares!

Like Renova..like Burlingame...like Persistency.. like Sweetpea...like Nicolas Mathys

You are also looking at a $10.00 per share pool.

No image? Apparently the manipulators are back. Many thanks to the BackroomBoys to prove just how badly they yearn to possess your Falcon shares. 

So hold and do not selll any of your shares under $10.00

You are in good company.

 

Trades for C:FO on 2021-01-21 - 21 trades displayed

So when, dispite all the shenanigens the dayly trading everage repeatedly dips below 100.000, what the BackroomBoy gonna do? Goes to his toolbox. See the results below! And oh yes, not to be too obvious about it, they do take a break and then do it all over again.

Today's designated hitters: averyTom, Dick and Harry 

10 Anonymous fake trades today, churning  137,000 shares.  Anonymous, for whom are  you faking for?

Besides why does anyone needs anonymous for faking?

Kudos to Falcon's long-term shareholders for not falling for the latest backroom shenanigens. 

Sooo.. If you Boys want our shares you can start paying $10.00 ! 

                             Anonymous

Today the BackroomBoys Faked it up and down...   21 times.

Faked it left, no sellers.  Faked it right, no sellers. Faked it up, no sellers. Faked it down, no sellers.

The minion BS activity intensified. Wait for it… will fake it down some more. First and foremost swindle the little guy.

Scratch my back and I'll scratch yours.

 

They have absolutely no shame.

The 13,000 long-term shareholders don't trade because: Real trades starts @ $10.00 

Today, once again the usual suspects scratched eachother's back.        

Time ET

Ex

Price

Change

Volume

Buyer

Seller

Markers

14:48:13

V

0.135

-0.005

1,500

7 TD Sec

7 TD Sec

DH

14:08:30

V

0.135

-0.005

12,000

7 TD Sec

7 TD Sec

DH

11:18:44

V

0.14

 

500

2 RBC

1 Anonymous

DH

09:34:22

V

0.14

 

10,000

1 Anonymous

79 CIBC

DH

09:32:07

V

0.15

0.01

2,500

1 Anonymous

2 RBC

DH

09:32:07

V

0.15

0.01

5,000

1 Anonymous

1 Anonymous

DH

09:30:02

V

0.145

0.005

2,000

79 CIBC

14 ITG

DH

09:30:00

V

0.15

0.01

300

79 CIBC

59 PI

DH

09:30:00

V

0.15

0.01

7,500

79 CIBC

1 Anonymous

DH

09:30:00

V

0.15

0.01

8,000

79 CIBC

1 Anonymous

DH

09:30:00

V

0.15

0.01

22,000

79 CIBC

1 Anonymous

DH

09:30:00

V

0.15

0.01

8,000

79 CIBC

1 Anonymous

DH

09:30:00

V

0.15

0.01

7,500

79 CIBC

7 TD Sec

DH

09:30:00

V

0.15

0.01

50,000

2 RBC

7 TD Sec

DH

09:30:00

V

0.15

0.01

12,500

2 RBC

7 TD Sec

DH

09:30:00

V

0.15

0.01

39,000

2 RBC

14 ITG

DH

09:30:00

V

0.15

0.01

5,000

2 RBC

7 TD Sec

DH

09:30:00

V

0.15

0.01

53,500

2 RBC

1 Anonymous

DH

09:30:00

V

0.15

0.01

20,000

2 RBC

1 Anonymous

DH

09:30:00

V

0.15

0.01

20,000

2 RBC

88 Credential

DH

09:30:00

V

0.15

0.01

35,000

2 RBC

88 Credential

DH

Keep in mind:

Vested interest... 

 Toronto, finacial hub of Canada. The Exchange Tower, 36 storey high, dwarfed by nearby skyscrapers. The TSX located on the third floor. Hundreds of market makers busily working at their stations. A gofer rushing  through the complex with an oversized box of Tim Horton donuts, a special delivery to the "Backroom" where the Backroom Boys plotting their moves. As soon as the gofer left the room the boys attacked the box of donuts, in the frenzy no one noticed the fat fly nonchalantly flew out the box and settled on the wall.

Suddenly the backroom head honcho walks in, he looks very angry. He looked angrier than Trump did on wendesday.

-We should fire you all. We did everything for you, we setup everything for you, With the help of other interested parties, we supressed all informations coming out of australia, All you had to do is just screw the little investors. But no, you didn't deliver. You..you... you... you are schmendricks!!!

Then ...the head hocho stormed out

------------------------------------------------------------------------------------------------------------------------------------------------

It is a luxurious alpine retreat in the Swiss mountains. A man standing at the window looking at the mountain peaks in the distance.

Another man, older, sits in a Wingback leather chair.The two men, both billionaires, are friends. The older man is the founder of Falcon Oil and Gas. The man at the window is Falcon’s largest shareholder.

The fly perches on the leather chair behind the elderly man’s head.

“A penny for your thoughts, Victor” says the old man. “You sure look distracted today.”

“Oh, I’m more than distracted, Mark. I’m done right annoyed.”

“Annoyed with what?” says the old man.

“With these long-term investors. No matter what we’re throwing at them, they just aren’t selling. ”

“Well Victor, we did everything within our power, like creating the AIM Listing for the sole purpose of shepherding Falcon’s stock price in Toronto. But that doesn’t work. You can’t move a battleship with a fishing boat. Our friends the market agents can’t get the job done either. Churning is a zero sum game. I think those long-term investor are determined to hold, and you better get used to it. Besides, you just picked up 38 million shares for 0.207 cents and I believe that was a steal. “

“Yeah I know Mark. Except I can’t get used to the idea rubbing shoulders with 13,000 new millionaires. “

--------------------------------------------------------------------------------------------------------------- 

The Exchange Tower is a 36 storey tower. The elevator stops on the third floor, as the elevator door opens the fly quickly escapes from the confinement into the half acre office complex, home to hundreds of Market Makers. Immediately the fly makes a beeline through an open door for the donuts on the sideboard. This room is no ordinary room. This room is the fabled ‘back-room’ where only a select few, to the outside world Faceless-Backroom-Boys ply their trade.

The meeting is over, a dozen or so FBB’s about to leave the room, just then the chief FBB calls back his number one FBB.

“ Number One, give me the year to date report on our Cinderella stock Falcon. You should know that our biggest investors are getting impatient.”

“Well Chief, which one do you want to hear first, the good news or the bad news?”

“Ok, give me the bad news first.”

“I have to tell you up front that we’re using every available tool in the toolbox but the result is still the same as it was all of last year, no one is selling. Hence we have to prime the sluice; consequently we end up hemorrhaging our pool of shares to smart long-term investors.”

“Look Number One, I don’t want to hear about smart investors, just use our double talking minions and find more tools in that toolbox and get results. Our purpose is to profit, so screw the public. We’re the market makers, and that’s what we do.”

“More like Robber Barons”

“I hope that was just a tongue in cheek remark, not some sort of guilt trip.”

“Of course not”

“Ok Number One. So what’s the good news?”

“Just picked up some more Falcon in my private account”

---------------------------------------------------------------------------------------------------------------

Same city, Toronto, also known as The Big Smoke. Same Exchange Tower, 36 storey high. Same half acre office complex on the third floor, home to hundreds of Market Makers. Same special ‘back-room’ where Faceless-Backroom-Boys ply their trade.

However, the time is 6 months later and the donuts on the sideboard was freshly delivered from Tim Hortons. So was the Fly in that same box.

The Chief FBB has a visitor, a CEO from a large capital investment firm.

“ What’s the status of my 50 million shares order of Falcon I placed last year, Chief?”

“ I’m sorry to say, but there isn’t any for you. Neither to anyone.” says the chief.

“ Explain, how’s that possible?”

“Let me ask you first, what’s the reason you are so keen to get 50 million shares of Falcon?”

“ Well, Falcon has 200 TCF of gas and 21 billion barrels of oil assets in Australia and Hungary. So, when it’s becomes proven, we’re talking 300 billion dollars value at minimum. Am I right, Chief?”

“So then, in your answer lies the explanation. When Falcon’s play becomes proven, Falcon itself will be worth 100 billion dollars. This fact and the fact that Falcon’s 4 largest investors own about 430 million shares of Falcon haven’t been lost on the other 13,000 long term investors.”

“ So you are saying that I’m out of luck. So then tell me what would I have to pay if I want to fill my order in the coming week?”

“North of 3 dollars and I’ll gladly accommodate you.”

--------------------------------------------------------------------------------------------------------------

Target Price $10.00+++

Present non-backroom value is $10.00.

There are 13,000 long-term investors following this Forum. And this fact, as a matter of course bothers the backroom boys.

We, the 13,000 long-term investors holding stronger than ever. Like Renova..like Burlingame...like Persistency.. like Sweetpea...like Nicolas Mathys

You can find me on this chart, I'm one of the 13,000.

You are also looking at a $10.00 per share pool.

No image? Apparently the manipulators are back. Many thanks to the BackroomBoys to prove just how badly they yearn to possess your Falcon shares. 

So hold and do not selll any of your shares under $10.00

You are in very good company.

Japan Liquefied Natural Gas Import Price: 8.30 USD/MMBtu for July 2017

"Falcon Oil wishes to confirm it is fully disclosed and is not aware of any reason for this activity."

How about backroom manipulation?  

Huge churning from very deep left pocket into very deep right pocket then into very deep rear pocket.

Scratch my back andI'll scratch yours.

Meanwhile London: the deplorable, double talking backroomboys triple down hard to bamboozle the investors. Their minion's are in a frenzy, spewing out BS on steroids.

Meanwhile in Toronto: 

 Eight days of assault on the TSX-V bythe backroom boys produced negative results.

Meanwhile the 13.000 investors realy annoying the backroom boys.

 …………………………………………………………………

Now I want to remind the investors of the infamous backroom boys shenanigans on April 25, 2014:

Historical News

2014-05-02 08:05 ET - News Release

 Mr. Philip O'Quigley reports

FALCON OIL & GAS LTD.: TRANSFORMATIONAL FARM-OUT OF BEETALOO UNCONVENTIONAL ACREAGE, NORTHERN TERITORY, AUSTRALIA

 Exactly one week before this announcment the backroom-boys assaulted the faitful Falcon shareholders with a 24 million shares manipulation tried to create a panic sell off. Ofcourse they failed.

House Positions for C:FO from 20140425 to 20140425

 

House

Bought

$Val

Ave

Sold

$Val

Ave

Net

$Net

33 Canaccord

3,053,540

443,790

0.145

12,500

2,125

0.17

3,041,040

-441,665

2 RBC

15,240,500

2,181,559

0.143

13,642,439

1,951,026

0.143

1,598,061

-230,533

85 Scotia

934,362

150,176

0.161

45,000

7,655

0.17

889,362

-142,521

7 TD Sec

637,491

105,290

0.165

40,000

6,600

0.165

597,491

-98,690

15 UBS

585,000

89,250

0.153

99,000

12,690

0.128

486,000

-76,560

53 Morgan Stanley

192,000

29,107

0.152

0

 

 

192,000

-29,107

79 CIBC

196,100

31,386

0.16

77,428

12,163

0.157

118,672

-19,223

57 Interactive

102,900

18,007

0.175

100

15

0.15

102,800

-17,992

9 BMO Nesbitt

73,000

11,980

0.164

0

 

 

73,000

-11,980

99 Jitney

195,500

30,481

0.156

132,500

20,432

0.154

63,000

-10,049

88 Credential

54,000

8,749

0.162

0

 

 

54,000

-8,749

13 Instinet

200,647

31,414

0.157

171,000

27,699

0.162

29,647

-3,715

14 ITG

15,150

2,427

0.16

0

 

 

15,150

-2,427

80 National Bank

13,193

2,044

0.155

0

 

 

13,193

-2,044

58 Qtrade

10,000

1,500

0.15

0

 

 

10,000

-1,500

48 Laurentian

15,000

2,212

0.147

6,000

930

0.155

9,000

-1,282

19 Desjardins

32,000

5,290

0.165

25,000

3,950

0.158

7,000

-1,340

28 BBS

51,000

7,744

0.152

50,000

7,700

0.154

1,000

-44

124 Questrade

1,000

155

0.155

0

 

 

1,000

-155

89 Raymond James

2,000

280

0.14

2,000

300

0.15

0

20

78 Salman

1,000,000

145,000

0.145

1,000,000

145,000

0.145

0

0

59 PI

1,367

226

0.165

3,053

482

0.158

-1,686

256

143 Pershing

0

 

 

1,900

342

0.18

-1,900

342

39 Merrill Lynch

17,000

2,826

0.166

37,000

5,810

0.157

-20,000

2,984

36 Latimer

64,670

9,775

0.151

85,000

12,750

0.15

-20,330

2,975

68 Leede

40,000

5,900

0.148

278,000

43,027

0.155

-238,000

37,127

1 Anonymous

2,038,000

310,457

0.152

9,057,500

1,366,329

0.151

-7,019,500

1,055,872

TOTAL

24,765,420

3,627,025

0.146

24,765,420

3,627,025

0.146

0

 
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