Falcon hopeful Australian fracking ban will be lifted

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Falcon hopeful Australian fracking ban will be lifted

Irish gas explorer remains confident as Northern Territories inquiry steps up

Falcon Oil owns a 30pc share of a huge Australian gas field that could be 100 times bigger than the Corrib gas field in Ireland (stock picture)
Falcon Oil owns a 30pc share of a huge Australian gas field that could be 100 times bigger than the Corrib gas field in Ireland (stock picture)
http://www.independent.ie/business/irish/falcon-hopeful-australian-fracking-ban-will-be-lifted-35785433.html

Fearghal O’Connor

The Dublin-headquartered company, headed up by exploration veteran Philip O’Quigley, owns a 30pc share of the huge Beetaloo Basin shale gas field. The company has predicted that Beetaloo could ultimately compare in size to the world’s biggest unconventional gas fields, where fracking is used for extraction. Studies have suggested a technically recoverable resource of 85 trillion cubic feet – about 100 times the amount of gas in Ireland’s Corrib gas field.
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Dirty Irish companies…Irish company wants to frack the Karoo

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http://www.marketwired.com/press-release/south-african-exploration-licence-being-processed-by-petroleum-agency-sa-tsx-venture-fo-1963493.htm
November 03, 2014 02:00 ET

South African Exploration Licence Being Processed by Petroleum Agency SA

DUBLIN, IRELAND–(Marketwired – Nov. 3, 2014) – Falcon Oil & Gas Ltd. (TSX VENTURE:FO)(AIM:FOG)(ESM:FAC) (the “Company” or “Falcon”) is pleased to announce, that it has been notified by the Petroleum Agency of South Africa (“PASA”) that a decision has been taken to proceed with processing of the Company’s application for a shale gas Exploration Licence in South Africa’s Karoo Basin. Continue reading