Falkland Oil and Gas

www.fogl.com TICKER: FOGL     EXCHANGE: L

Falkland Oil & Gas is a natural resources oil and gas exploration company. The Company is wholly focused within the offshore drilling sector, concentrated in the South and East Falkland Basins. FOGL has obtained significant drilling licences for a substantial section of the Falkland Designation Area, therefore providing access to a vast, unexplored potential field.


Falkland Oil & Gas; huge prospectivity not reflected in share price
Published: Nov 30 2006

  • Huge potential hydrocarbon resources in the South Atlantic
  • More definitive mapping of prospects due mid-2007
  • Speculative, but could prove highly rewarding
  • Recent boost to capital reserves from convertible
  • 125p / share seen as fair value versus current 75p