FALCON OIL & GAS LTD. (FOG) — Investor Q&A

Investor webinar replay

Replay transcript excerpt

Good afternoon, and welcome to the FALCON OIL and GAS Investor Q and A session. Throughout this recorded session, investors will be in listen only mode. We have received a number of pre submitted questions, and these have been grouped. So if you can wait until these have been covered to submit your questions, that'd be great to avoid any duplication. The questions can be submitted by the q and a tab situated in the right corner of your screen. The company may not be in a position to answer every question it received in the meeting itself. However, the company can review the questions for today and publish responses where it's appropriate to do so. Before we begin, I'd like to submit the following poll. We'll head into q and a session with the first question here, which reads as follows. There is a lot of information released by Tamboran and FALCON last week. Can you please talk us through the key highlights? Yeah. Thanks, Alessandro. Yeah. It's in indeed, it's kind of funny because we sit around for month after month and there's kind of very little news, then all of a sudden, we get a gush of news like we did last week. So I guess there's, like, six key points I'd like to talk about. The first, obviously, is the good news that now the s s two h well has been opened up and put on production test. That's gonna be for initial 30. So we look forward to updating the market in around about mid June, and then we'll announce those flow rates. Really, I think the expectation on these flow rates will again, you know, demonstrate the commercial potential of the. So that was the first bit of good news. The second bit of news is in relation to the first ever sale of acres in the Beetleu, which was, to be honest, a surprise to us. We weren't aware of it. Delighted to see it becaus...