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Last €0.40 EUR
Change Today 0.00 / 0.00%
Volume 0.0
FQQ On Other Exchanges
Symbol
Exchange
OTC US
London
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As of 3:19 AM 03/27/15 All times are local (Market data is delayed by at least 15 minutes).

falkland oil & gas ltd (FQQ) Snapshot

Open
€0.36
Previous Close
€0.40
Day High
€0.40
Day Low
€0.36
52 Week High
02/24/15 - €0.50
52 Week Low
12/17/14 - €0.20
Market Cap
213.9M
Average Volume 10 Days
885.0
EPS TTM
--
Shares Outstanding
533.5M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for FALKLAND OIL & GAS LTD (FQQ)

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falkland oil & gas ltd (FQQ) Details

Falkland Oil and Gas Limited explores for offshore oil and gas properties in Falkland Basins. The company operates through two segments, North Basin and South Basin. It holds licenses that cover the north, south, and east Falkland Basins. The company was incorporated in 2004 and is headquartered in London, the United Kingdom.

3 Employees
Last Reported Date: 05/19/14
Founded in 2004

falkland oil & gas ltd (FQQ) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: 456.0K GBP
Exploration Director and Director
Total Annual Compensation: 402.0K GBP
Compensation as of Fiscal Year 2013.

falkland oil & gas ltd (FQQ) Key Developments

Falkland Oil and Gas Ltd. Provides Update on 14/15-5 'Zebedee' Exploration Well Spudding

Falkland Oil and Gas Ltd. announced that the 14/15-5 'Zebedee' exploration well was spudded, by Premier Oil as operator, on 6 March 2015. The well is located on licence PL004b, in which FOGL has a 40% working interest and is to be drilled on the Zebedee prospect. The well will test a total of seven stacked fan bodies with varying geological chances of success, ranging between 10% and 50%. The well is targeting mid case unrisked gross prospective resources based on FOGL management estimates of 281mmboe (112mmboe net to FOGL). The well is anticipated to take approximately 30 days to drill and a further release will be issued once logging is completed. The anticipated well cost net to FOGL is c. USD 22 million.

Falkland Oil and Gas Limited Announces the Operational Update with Respect to its 2015 Drilling Programme

Falkland Oil and Gas Limited announced the operational update with respect to its 2015 drilling programme. The Eirik Raude rig has commenced mobilisation from West Africa to the Falkland Islands for the 2015 drilling programme, which will be operated by Premier Oil and Noble Energy. The drilling programme will commence in March 2015 on the Premier operated, Zebedee well which will test the southern lobe of the Sea Lion field. The Isobel Deep well, also located in the North Falklands Basin will be the second well in the programme. Interpretation of the 3D seismic acquired over FOGL's South Falkland Basin licenses is progressing well, but given the range of new prospects identified, this work is still ongoing and will not be completed until the end of March 2015. This work is now principally aimed at providing a shortlist of possible drilling targets for the second Noble operated well. Good progress has been made and the choice has been narrowed to three potential options, being: Stingray, Scharnhorst North or Starfish. Based on the operators' cost estimates, FOGL is funded for the four agreed wells. FOGL's funding commitment for the fifth well will be dependent on drilling location, FOGL's equity interest in the well and whether it is an exploration or appraisal well. A further update will be provided once the location is finalized.

Falkland Oil and Gas Ltd. Presents at Canaccord Genuity 8th Annual Global Resources Conference, Oct-15-2014

Falkland Oil and Gas Ltd. Presents at Canaccord Genuity 8th Annual Global Resources Conference, Oct-15-2014 . Venue: Palace Hotel, 455 Madison Avenue, New York, New York, United States.

 

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