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Description of business:
Falcon Oil & Gas Ltd. is an international oil and gas company engaged in the acquisition, exploration and development of conventional and unconventional oil and gas assets. Falcon's interests are located in internationally diversified countries that are characterised by a high regional demand for energy and are close to existing infrastructure allowing rapid delivery of oil and gas to market. In each territory, Falcon is partnered with a large, credible multinational energy company. Falcon's strategy is to leverage the Group's expertise in the unconventional oil and gas industry to acquire interests in licences covering large acreages of land and to build on its internationally diversified portfolio of unconventional assets and interests, which are located in countries that the Board believes support the exploitation of unconventional oil and gas. Falcon seeks to add value to its assets by entering into farm-out arrangements with major oil and gas companies that will fully or partially carry Falcon through seismic and drilling work programmes. Falcon is the holding company of the group. The Group's head office is located in Dublin, Ireland and its principal interests are located in two major underexplored basins in Australia and South Africa; and in Hungary, covering approximately 14.75 million gross acres in total.

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Falcon Oil & Gas Ltd

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