IN BRIEF: Falcon Oil & Gas narrows first quarter loss

Writer,

Archived article

Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

Falcon Oil & Gas Ltd - Dublin-based oil and gas company focused on Australia, South Africa and Hungary - Narrows comprehensive loss to $750,000 in the first quarter of 2022 from a loss of $1.3 million the previous year. Produces no revenue, down from $2,000 the year prior. First quarter expenses fall to $693,000 from $1.2 million. Assets dip marginally to $50.9 million from $51.4 million.

Current stock price: 10.01 pence

12-month change: up 59%

Copyright 2022 Alliance News Limited. All Rights Reserved.