Mr. Philip O'Quigley reports
FALCON OIL & GAS LTD. - FILING OF INTERIM FINANCIAL STATEMENTS
Falcon Oil & Gas Ltd. has filed its interim financial statements for the three and six months ended June 30, 2023, and 2022, and the accompanying management's discussion and analysis (MD&A).
The following should be read in conjunction with the complete unaudited, unreviewed interim financial statements and the accompanying MD&A for the three and six months ended June 30, 2023, which are available on SEDAR+ and on Falcon's website.
Two thousand twenty-three financial highlights
and other financial updates:
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Strong financial position, debt free with cash of $15.7-million (U.S.) at June 30, 2023 (Dec. 31, 2022: $16.8-million (U.S.)).
- Continued focus on cost management and the efficient operation of the portfolio.
All dollar amounts in this document are in United States dollars, except as otherwise indicated.
About Falcon Oil & Gas Ltd.
Falcon Oil & Gas is an international oil and gas company engaged in the exploration and development of unconventional oil and gas assets, with the current portfolio focused in Australia, South Africa and Hungary. Falcon Oil & Gas is incorporated in British Columbia, Canada, and headquartered in Dublin, Ireland, with a technical team based in Budapest, Hungary.
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