WHAT IS FALCON Global Oil and Gas Exploration company. Developing Large Unconventional Resources. 50,000 km2 (12.3 gross million acres) in Australia & South Africa. Strategy Farm out - Enhance - Sell. Strong Net Cash Position…
WHAT FALCON IS NOT No Production: Not directly affected by Oil Price. No Debt: No stress from Bankers. No CAPEX: We do not need Money. No Funding Requirements. No issuing of New Equity. Kalala S-1, Beetaloo Basin, Australia…
Beetaloo Basin, Australia Beetaloo Basin located in the Northern Territory of Australia, belongs to the larger McArthur Basin FOGA* holds 30% in all 3 exploration permits 4.6 million gross net acres 1.4 million Unconventional…
Commercialisation options & Infrastructure LNG Export Beetaloo basin located 600 km south of Darwin. A major gateway for industrial and export LNG Export market. Major LNG export options north and east. Inpex/Total - LNG Trains…
A200 million Beetaloo Farm-Out Farm-Out Deal with Origin and Sasol executed August 2014 Total value of the deal estimated at A200 million which included an upfront payment of A20 million in cash. Origin and Sasol each earned 35% with…
Beetaloo Basin Timeline & Work program Farm-in agreement Drilling 3 Drilling 2 fracced horizontal announced - May 2014 vertical wells wells & production testing 2014 2015 2016 2017 2018 G&G preparations, well Drilling 1 fracced…
Beetaloo Basin: 3 Wells Drilled in 2015 Kalala S-1 Amungee NW-1H Amungee NW-1 Beetaloo permit situated in core of most prospective area Central, undeformed part of Beetaloo Basin selected as main area of interest Thick…
Key Results of Kalala S-1 Well Presence of a thick Middle Velkerri source and reservoir rock sequence falling in a highly prospective gas mature Sandy units Middle Velkerri Member Gross Pay 500m depth window Gross interval of…
Key Results of Amungee NW-1 Well Continuation of the Middle Velkerri formation 25 kilometres east of Kalala S-1 falling in a highly Middle Velkerri Member Gross Pay 500m prospective gas mature depth window Gross interval of…
Amungee NW-1H Well Schematics & Results First horizontal well drilled in the Beetaloo basin illustrating the advancement and acceleration of the exploration program Favourable shale properties extending from the Amungee NW-1…
Amungee NW-1H well schematics & results
Size Does Matter Saxon Rig 185, Beetaloo Basin, Australia The Beetaloo and Karoo Basins are comparable to the size and quality of producing North American shale plays 15
North American Unconventional Experience Bakken Barnett Eagle Ford Beetaloo Karoo Shale Shale Shale Basin Basin (1) Acreage 7.87 million 2.08 million 6 million 4.6 million 7.5 million Recoverable 3.7 n/a 3 21 (3) 0 Resources…
The Karoo, South Africa Summary Exclusive Technical Cooperation Permit (TCP) granted in 2009. Covers c. 30,000km2 (7.5 million acres) onshore Karoo Basin. Falcons TCP adjacent to Shell TCP. Potential Resource (EIA, June 2013)**…
Mak Trough Hungary - US3.7 million settlement with NIS Q4, 2015. Hold 100% interest in a production licence granted 2007. Covers 245,775 acres within the Mak Trough, Central Pannonian Basin Hungary. 21
Positive Only Newsflow*: 2016 Australia 2016 Spudding of the third vertical exploration well Reaching TD and indicative results for third vertical exploration well Fracking the first vertical well in the program Fracking the first…
Value proposition of early entry in unconventional shale plays Production Previous transactions demonstrate Production History 100s of wells drilled increasing market value of acreage Monetise 18,489 / acre1 positions as they…
Summary Large, leveraged position in three unconventional basins 12.3 million gross acres (estimated net acres 3.5 4 million) Beetaloo Basin, Australia - 162 TCF of gas and 21,345 MMBO of oil recoverable estimated gross recoverable…
Corporate Information Share Capital Major Shareholders Common shares in issue 921,537,517 Renova Holdings Limited 16.37 % Share options outstanding 70,140,000 Burlingame Asset Management 13.59 % Warrants outstanding 10,000,000…
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