Home Company Investor Center Projects Contact Us Overview Falcon’s principal interests are located in two major underexplored basins in Australia and South Africa and further interests in Hungary, covering approximately 12.3 million gross acres in total. The following table summarises the interest held: Assets (Country) Interest (%) Operator Status Area (km2) EP*-76 (Beetaloo Basin, Northern Territory, Australia) 22.5 Origin Exploration 1,891.30 EP*-98 (Beetaloo Basin, Northern Territory, Australia) 22.5 Origin Exploration 10,316.00 EP*-117 (Beetaloo Basin, Northern Territory, Australia) 22.5 Origin Exploration 6,412.00 Technical Cooperation Permit, (Karoo Basin, South Africa) 100 Falcon TCP 30,327.90 Makó Production Licence (Makó Trough, Hungary) 100 TXM Production 994.6 * Exploration permit (“EP”) Beetaloo Basin, Australia 4.6 million gross acres (1 million net acres) onshore in the Beetaloo Basin, Australia Three exploration permits granted in 2005 and 2006 Farm-Out with Origin and Sasol completed in August 2014 Commencement of a nine well exploration and appraisal programme in 2015 Notification of Discovery announced in October 2016 Material gas resource announced in February 2017 Origin acquired Sasol’s 35% interest in May 2017 Acceleration of exploration and appraisal drilling programme into Stage 2 in August 2018 Exploration and appraisal activities re-commenced in 2019 Karoo Basin, South Africa 7.5 million acres onshore Karoo Basin, South Africa Highly competitive, strategic location Technical Cooperation Permit granted 2009, Exploration License pending Makó Trough, Hungary 245,775 acres in the Mako Trough, Central Pannonian Basin, Hungary 35-year Production License granted May 21, 2007 Overview Declaration of Material Gas Resource Beetaloo Sub-Basin, Australia Karoo Basin, South Africa Makó Trough, Hungary © 2021 Falcon Oil & Gas. All Rights Reserved. Privacy Policy We'll assume you're ok with this, but you can opt-out if you wish. Accept Reject Read More