Shares of Falcon Oil & Gas Ltd. (OTCMKTS:FOLGF – Get Free Report) were up 4.2% during trading on Monday . The stock traded as high as $0.2295 and last traded at $0.2295. Approximately 279,873 shares changed hands during mid-day trading, a decline of 52% from the average daily volume of 585,789 shares. The stock had previously closed at $0.2203.
Falcon Oil & Gas Stock Up 4.2%
The company’s fifty day simple moving average is $0.22 and its 200-day simple moving average is $0.18.
Falcon Oil & Gas Company Profile
Falcon Oil & Gas Limited is an independent oil and gas exploration and production company headquartered in Dublin, Ireland, and trading on the OTC Markets under the symbol FOLGF. The company is focused on identifying, acquiring and developing both conventional and unconventional hydrocarbon resources in Europe, with a primary emphasis on Central Europe.
The company’s principal assets include onshore exploration permits and production licenses in Hungary and Romania. In Hungary, Falcon holds interests in multiple blocks where it has conducted 2D and 3D seismic surveys and appraisal drilling to evaluate the potential of unconventional gas plays.
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