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Falcon Begins Nine-Well Drill Program

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Falcon Begins Nine-Well Drill Program

Falcon Oil & Gas Ltd. announced its financial results for the year ended 31 December 2015.

The following should be read in conjunction with the complete audited Financial Statements and the accompanying Management's Discussion and Analysis (MD&A) for the three and twelve months ended 31 December 2015.

2015 Highlights:

Operational

Commencement of the Australian nine well exploration and appraisal programme, with the drilling of Kalala S-1, Amungee NW-1 and Amungee NW-1H with our joint venture partners Origin Resources Limited (Origin) (35%) and Sasol Petroleum Australia Limited (Sasol) (35%). Acceleration of Australian drilling programme with first horizontal well (Amungee NW-1H) brought forward to 2015. Encouraging results from the drilling of the first three Australian wells indicating…
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