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Falcon cashed up for Beetaloo campaign

DUBLIN-based explorer and producer Falcon Oil & Gas said it is in a solid financial position for its upcoming drilling and fraccing program with Origin Energy in the Beetaloo Basin, onshore Northern Territory.

paul hunt
Falcon cashed up for Beetaloo campaign

  Falcon released its interim six month financials overnight, noting it had US$14.6 million cash in the bank, double what it had at the end of 2018. The company posted a net loss of US$900,000 for...

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