Falcon Oil & Gas Ltd. is proud to announce that they have offered to purchase shares from some of the remaining shareholders of Falcon Oil & Gas Australia Ltd., also known as FOGA. Falcon Oil & Gas Australia is a subsidiary of Falcon Oil & Gas Ltd. and is currently a registered holder of four permits for exploration sites in the Beetaloo Basin, located in the Northern Territory of Australia. After the company's recent acquisition of Sweetpea Petroleum Pty. Ltd.'s 24.2% holdings, Falcon Oil & Gas Ltd. owns an estimated 200 million shares in FOGA. The shares represent 96.9% of the issued share capital of Falcon Oil & Gas Australia.
Falcon Oil & Gas Ltd. is an international oil & gas company which is engaged in acquisition, development and exploration for conventional and unconventional oil and gas assets. The company's portfolio is spread out between South Africa, Australia and Hungary. Falcon Oil & Gas Ltd., with headquarters in Dublin, Ireland, was incorporated in British Columbia, Canada.
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