Who 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 explore and appraise - monetise. Strong net…
What makes Falcon unique. 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. 5
Beetaloo Basin Australia
Beetaloo Basin Background to Farm-Out Falcon Australia* owns 30% of three exploration permits in the Beetaloo Basin Total gross acres 4.6 million, 1.4 million acres net to Falcon Origin and Sasol** each hold 35% after the 2014…
2015-16 Exploration Work Program Goals Verify reservoir quality to establish: Thickness of reservoir Kalala S-1 Total organic carbon (TOC) Porosity and permeability Rock geomechanics Amungee NW-1H Reservoir pressure Amungee…
2015 Vertical Drilling Results - Middle Velkerri Fm. Kalala S-1 Amungee NW-1 GR Res Gas show GR Res Gas show 2,000m 3 pervasive, organic rich shale intervals (A, B & C shales) identified within the Middle Velkerri Fm. Gross…
Amungee NW-1H Well Schematics & Results PHIT TOC (%) (wt%) 5 3 3 to 5 2 to3
2016 Vertical Drilling Results Beetaloo W-1 Continuation of the regionally pervasive Middle Velkerri formation approximately 85 kilometers south of the Kalala S-1 and Amungee NW-1H wells A gross interval of over 570 meters shale…
Amungee NW-1 Horizontal Well 11 hydraulic stimulation stages completed along the 1,000 meter horizontal section Stimulation treatments executed, with 95% of programmed proppant placed Main physical properties are: thickness of 30…
2015-16 Exploration Work Program Achievements The work programme has established: Thickness of reservoir TOC Porosity and permeability Rock geomechanics Reservoir pressure Gas saturation Gas flow rates Proving up the areal…
Moratorium on Hydraulic Fracturing Key timelines Sep 2016 Moratorium announced Dec 2016 Independent panel appointed Feb 2017 Issues paper published Mid 2017 Interim report Oct 2017 Draft final report Dec 2017 Final report 14
2017 Material Gas Resource Confirmed 15
2017 Announcement of Material Gas Resource Middle Velkerri B Shale Volumetric Estimates Gross Net Attributable Best Estimate Best Estimate Area km2 (3) 16,145 4,751 OGIP (TCF) 496 146 Combined Recovery / Utilisation Factor (4) 16% 16%…
So what does this mean.....Lets look at the USA. World-class Velkerri shale in the Beetaloo Basin 7 key mid-Velkerri shale parameters for compares well with major US producing shales economic success: Maturity: mostly in gas window…
So what does this mean.....Lets look at the USA. Source: http://www.geoscience.nt.gov.au/gemis/ntgsjspui/bitstream/1/82730/1/AGES2016_Close_et_al.pdf 18
Commercialisation Options & Infrastructure LNG Export Beetaloo basins proximity to Darwin Darwin is a developing major LNG hub LNG Export INPEX US34 billion LNG trains nearing completion NGP Route Existing pipelines north to…
Karoo Basin South Africa & Mak Trough - Hungary
Karoo Basin, South Africa 21
Karoo Basin, South Africa Summary Exclusive Technical Cooperation Permit (TCP) granted in 2009 Covers c. 30,000km2 (7.5 million acres) onshore within the Karoo Basin Falcons TCP is adjacent to Shells TCP Potential Resource (EIA,…
Mak Trough Hungary US3.7 million settlement from NIS in December 2015 Hold 100% interest in a production licence granted in 2007 Covers 245,775 acres within the Mak Trough, Central Pannonian Basin, Hungary Farm-out activities…
Corporate Information
Corporate Information Share Capital Major Shareholders Common shares in issue 927,537,517 Renova Holdings Limited 16.26 % Share options outstanding 45,100,000 Burlingame Asset Management 13.50 % Warrants outstanding 10,000,000…
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