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Re: tsoprano-1 post# 90

Sunday, 02/19/2017 2:24:11 AM

Sunday, February 19, 2017 2:24:11 AM

Post# of 291
FOLGF made one of the Biggest gas Discovery ever: 82bn barrels

"This is a colossal, monumental even, potential discovery," says oil analyst Malcolm Graham Wood, referring to the Falcon Oil & Gas (LON:FOG, CVE:FO) Northern Territory news today.
In a report, Origin Energy, its partner and operator of 16,000-square kilometres of licences, put the gross best estimate of gas in place at a world-class 496 trillion cubic feet (TCF).
Converting that to oil equivalent, it stacks up to 82bn barrels.
"Whichever number you look at, it's very substantial indeed," said Graham Wood.



http://www.proactiveinvestors.co.uk/companies/stocktube/6918/falcon-oil-gas-has-colossal-potential-gas-discovery-says-wood-6918.html

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