Falcon Oil & Gas (LON:FOG) has seen great success in Australia’s Beetaloo shale basin, with wells unearthing new discoveries. A new resource evaluation report is currently being worked on to further detail the size and scope of the discovery and the potential of its surrounding areas.
A video from Origin Energy, the project operator, adds valuable insight to the venture.
Price: 12.125 GBX
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Chartist Zak Mir takes a closer look at Falcon Oil & Gas Ltd (LON:FOG) after its shares doubled last week. The Tip TV technical analyst says Falcon is on the front foot, as far as fundamentals are concerned, while the chart points to the share price potentially going higher still.
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