One-Page Deal Sheet
Falcon Finalizes Acquisition of Sweetpea's FOGA Interest
Falcon Oil & Gas Ltd. Petrohunter Energy Corp
Announced Date
May 24,2013
Close Date
July 17,2013
Transaction Type
Property
Location
Region
Austral-Asia
Country
Australia
Transaction Details: Subscribe to see
Closing Announcement - July 17, 2013
Falcon Oil & Gas Ltd. has now completed the acquisition of Sweetpea Petroleum Pty Ltd's 50 million shares or 24.22% interest in Falcon Oil & Gas Australia Limited (FOGA).
Sweetpea Petroleum is a wholly-owned subsidiary of PetroHunter Energy Corp.
FOGA is a subsidiary of Falcon and is the registered holder of four exploration permits in the Beetaloo Basin, Northern Territory, Australia. Following the completion of the Share Purchase, Falcon owns 200 million shares in FOGA representing 96.90% of the issued share capital of FOGA.
The terms of the Agreement…
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|---|---|---|---|---|---|
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| Oct-01-2018 |
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