Falcon Oil & Gas
Ltd. Announces the Filing of Its Interim Financial Statements and
Accompanying MD&A
DENVER, Aug. 27 /PRNewswire-FirstCall/
-- Falcon Oil & Gas Ltd.
(TSXV: FO) announced that it has filed its interim financial statements
for the period ended June 30, 2009 and the accompanying management's
discussion and analysis.
These filings are available at www.sedar.com and on Falcon's website at www.falconoilandgas.com..
About Falcon Oil
& Gas Ltd.
Falcon Oil & Gas Ltd. is an international
oil and gas exploration and production company, headquartered in Denver, Colorado, incorporated in British Columbia, Canada,
and trading on the TSX Venture Exchange under the symbol "FO." The
Company specializes in the business of conventional and unconventional
oil and gas exploration and production and holds interests in prospective
properties in Hungary
and Australia.
The Company is focused on discovering, acquiring, and maturing a globally
diversified portfolio of drilling opportunities with a goal of maximizing
shareholder value through strategic relationships. Additional information
concerning Falcon Oil & Gas Ltd. is available at
www.falconoilandgas.com. Investor inquiries may be directed to investor@falconoilandgas.com
In the interests of providing Company
shareholders and potential investors with information regarding the
Company, including the Company's assessment of its and its subsidiaries'
future plans and operations, certain statements included in this press
release may constitute forward-looking information or forward looking
statements (collectively, "forward-looking statements"). All
statements contained herein that are not clearly historical in nature are
forward-looking, and the words "anticipate",
"believe", "expect", "estimate" and similar
expressions are generally intended to identify forward-looking
statements. Similarly, forward-looking statements in this press release
include, but are not limited to anticipated developments of the Company's
various drilling projects and the timing thereof, capital investment
levels and the allocation thereof, pipeline capacity, government royalty
rates, reserve and resources estimates, the level of expenditures for
compliance with environmental regulations, site restoration costs
including abandonment and reclamation costs, exploration plans,
acquisition and disposition plans including farmout
plans, net cash flows, geographic expansion and plans for seismic
surveys, or successfully engaging a partner in any of the Company's
endeavours. In addition, please note that statements relating to
"reserves" or "resources" are deemed to be forward-looking
statements, as they involve the implied assessment, based on certain
estimates and assumptions, that the reserves and resources described can
be profitably produced in the future. Such statements represent the
Company's internal projections, estimates or beliefs concerning, among
other things, an outlook on the estimated amounts and timing of capital
expenditures, anticipated future debt levels and incentive fees or
revenues or other expectations, beliefs, plans, objectives, assumptions,
intentions or statements about future events or performance. These
statements are only predictions. Actual events or results may differ
materially. Although the Company believes that the expectations reflected
in the forward-looking statements are reasonable, it cannot guarantee
future results, levels of activity, performance or achievement since such
expectations are inherently subject to significant business, economic,
competitive, political and social uncertainties and contingencies. Many
factors could cause the Company's actual results to differ materially
from those expressed or implied in any forward-looking statements made
by, or on behalf of, the Company and the foregoing list of important
factors is not exhaustive. These forward-looking statements made as of
the date hereof disclaim any intent or obligation to update publicly any
forward-looking statements, whether as a result of new information,
future events or results or otherwise. Company shareholders and potential
investors should carefully consider the information contained in the
Company's filings with Canadian securities administrators at
www.sedar.com before making investment decisions with regard to the
Company.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
CA:FO Falcon Oil & Gas Ltd. (CDN. $)
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8/27/2009 3:12 PM
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Last:
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Change:
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Open:
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High:
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Low:
|
Volume:
|
|
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0.41
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UNCH
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n/a
|
n/a
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n/a
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n/a
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|
Percent
Change:
|
Yield:
|
P/E
Ratio:
|
52 Week Range:
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n/a%
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n/a
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n/a
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0.16
to 0.90
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Company Data
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Company Name:
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Falcon
Oil & Gas Ltd.
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Dow Jones Industry:
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Not Available
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Exchange:
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TSXV
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Shares Outstanding:
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553,739,000
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Market Cap:
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227.0
Million
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Short
Interest:
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Exchange provides no short
interest data.
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52-Week EPS:
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-0.08
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52-Week High:
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0.90
on Thursday, August 28, 2008
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52-Week Low:
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0.16
on Thursday, November 20, 2008
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P/E
Ratio:
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n/a
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Yield:
|
n/a
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Average Price:
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0.4563
(50-day) 0.3851 (200-day)
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Average Volume:
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472,300
(50-day) 681,800 (200-day)
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Copyright ? 2009 MarketWatch,
Inc.
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Sincerely,
Brad Long -
Investor Relations
Falcon Oil & Gas Ltd.
Toll Free: 888-541-3624
(US & Canada)
Direct: 360-332-9821
(Pacific Standard Time)
Fax: 360-332-9841
Email: blong@falconoilandgas.com
Website: www.falconoilandgas.com
The information contained in this
e-mail message, including any attached documents, is confidential and may
be privileged. It is intended for the sole use of the recipient(s)
to whom it is addressed. If you are not the intended recipient(s), any
review, use or changes, copying, distribution or disclosure is strictly
prohibited. If you have received this message in error, please
immediately notify the sender, delete and destroy all copies of this
email message.
Certain information and statements included in
this email may constitute "forward-looking''
statements. Such
forward-looking statements involve known and unknown risks, uncertainties
and other factors which may cause the results, performance, or
achievements of the Company to be materially different from any future
results, performance, or achievements expressed or implied in such
forward-looking statements.
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