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Davy Research

Falcon Oil and Gas

Learning through play

Apr 23 2019, 11:00 IST/BST
Job Langbroek
Company Report
15 page(s)

Sectors : Resource

Companies : Falcon Oil and Gas

Ratings and price correct at time of issue.

Falcon Oil and Gas

Closing Price: 16.8p
RATING 28/01/13
OUTPERFORM
PREVIOUS RATING N/A

Person's Name

Job Langbroek

Analyst

DAVY VIEW

This year’s drilling activity is structured to glean as much as possible from the various oil and gas targets identified in the Beetaloo Basin, Northern Australia. This will allow the most economically optimal play to be identified in the first instance and appraised in the 2020 programme. This makes sense for all concerned and is the best way to achieve value realisation for shareholders.

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Apr 23 2019, 11:00 IST/BST