Friday, 24 May 2013

Falcon Oil & Gas buys out Australian business

Philip O'Quigley, CEO of Falcon Oil & Gas (LON:FOG TSX-V:FO ESM:FAC), tells Proactiveinvestors that while the deal dilutes shareholder value by 10.8%, there is an increase of 24.2% in the Australian business. Philip also explains that June will be a 'busy month' for the company.

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