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20th Aug 2025 12:19
Falcon Oil & Gas Ltd - Australia, Hungary and South Africa-focused oil and gas explorer - Falcon Oil & Gas Australia Ltd says Tamboran Resources Corp, the parent company of its joint venture partner Tamboran (B2) Pty Ltd, agrees the sale of appraisal gas from exploration permits at Tamboran's Beetaloo sub-basin in the Northern Territory of Australia to Native Title Holders and the Northern Land Council. Under the agreement, Native Title Holders consents to the sale of appraisal gas from EP98 and EP117 of up to 60 terajoules per day from the proposed Shenandoah South Pilot Project over three years. Further, the partners will supply the Northern Territory Government with 40 million cubic feet per day via the Sturt Plateau Compression Facility until mid-2041. This is expected to begin mid-2026. The agreement is subject to approval by the Northern Territory Minister for Mining and Energy. The joint venture partners will now focus on securing necessary approvals to support longer-term production. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Monday. Read More
(Alliance News) - Falcon Oil & Gas Ltd on Monday reported a record flow test result in the Beetaloo Sub-basin, in Northern Territory, Australia. Read More
(Alliance News) - Falcon Oil & Gas Ltd on Monday said its latest flow test at the Beetaloo Sub-basin in Australia's Northern Territory delivered the highest initial 60-day production rate seen in the region to date, as it also kicked off a major new drilling campaign. Read More
(Alliance News) - Falcon Oil & Gas Ltd on Monday reported the Shenandoah S2-2H ST1 well has reached an average 30-day initial production flow rate of 7.2 million cubic feet per day over 5,483 feet. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Monday. Read More
Falcon Oil & Gas Ltd - Australia, Hungary and South Africa-focused oil and gas company - In the first quarter of 2025, loss narrows to USD497,000 from USD806,000 a year ago. General and administrative costs are reduced to USD491,000 from USD528,000. Finance expense comes down to USD141,000 from USD362,000. Read More
(Alliance News) - Falcon Oil & Gas Ltd on Thursday provided an update on its activities at its operations in the Beetaloo Sub-basin, Northern Territory, Australia, with its joint venture partner Tamboran B2 Pty Ltd. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Friday. Read More
(Alliance News) - Falcon Oil & Gas Ltd on Friday said it is "extremely encouraged" by the potential of its current stimulation programme in Australia due to "strong gas shows". Read More
Falcon Oil & Gas Ltd - Australia, Hungary and South Africa-focused oil and gas company - Announces stimulation campaign at the Shenandoah S2-2H ST1 and Shenandoah S2-4H wells in the Beetaloo Sub-Basin, Northern Territory, Australia. Falcon says for the next drilling phase of the Shenandoah south pilot project, involving the drilling and stimulation of the remaining four wells, it has chosen to lower its participating interest to none from 5%. Falcon's overall interest in the Beetaloo remains at 22.5%. Read More
(Alliance News) - Falcon Oil & Gas Ltd said on Monday it has successfully drilled, cased, and cemented the Shenandoah S2-4H horizontal well to a measured depth of 6,452 meters in the Beetaloo Sub-basin, Northern Territory, Australia. Read More
Falcon Oil & Gas Ltd - Australia, Hungary and South Africa-focused oil and gas company - Begins the spudding of its Shenandoah S2-4H horizontal well in the Beetaloo Sub-basin in the Northern Territory in Australia, with subsidiary Falcon Oil & Gas Australia Ltd's joint venture partner Tamboran B2 Pty Ltd. It expects to drill to a depth of 20,669 feet, including a horizonal section of around 10,000 feet, targeting the Amungee Member B-shale. Read More
(Alliance News) - Falcon Oil & Gas Ltd on Tuesday said it plans to change its name to Beetaloo Resources Corp, ahead of its plans to pursue a US listing. Read More
(Alliance News) - Stock prices in London opened higher in London on Tuesday morning, following retail sales data, and ahead of a PMI print from the US later in the day. Read More
(Alliance News) - Stocks in London were seen higher early on Tuesday, as investors prepare for manufacturing purchasing managers' index data from both the US and Canada following Labor Day. Read More
Falcon Oil & Gas Ltd - Australia, Hungary and South Africa-focused oil and gas company - Announces start of 2024 drilling programme with spudding of Shenandoah South 2H horizontal well in exploration permit 98 Beetaloo Sub-basin in Australia's Northern Territory. The drilling is alongside Falcon Oil & Gas Australia Ltd's joint venture partner Tamboran B2 Pty Ltd. Further, Tamboran B2 will move to the Shenandoah South 3H well after SS2H has been drilled. Falcon Oil expects inflow flow test results from both wells in the first quarter of 2025. Falcon Oil Chief Executive Officer Philip O'Quigley says: "The spudding of the SS2H horizontal well, which is the first of the planned two horizontal wells to be drilled in 2024, is an exciting next step in the development of the Beetaloo Sub-basin. Following on from the success of the Shenandoah South 1H well announced earlier this year, and using the same drilling company, H&P, together with the arrival of the Liberty frac fleet, capable of materially increasing the stimulation intensity, we are really excited about being able to demonstrate the deliverability of the Amungee Member B-shale over 3,000 metre horizonal sections." Read More
Falcon Oil & Gas Ltd - Australia, Hungary and South Africa-focused oil and gas company - Reports a pretax loss of USD3.3 million for 2023, narrowed from USD4.0 million a year prior. Generates no revenue in the year, unchanged from 2022. Losses per share were 0.3 cents, narrowed from 0.4 cents per share. As at December 31, company has USD8.0 million in cash, more than halved from USD16.8 million at the end of 2022. Read More