Falcon Oil & Gas Ltd. (OTCMKTS:FOLGF – Get Free Report)’s stock price fell 3.5% on Thursday . The stock traded as low as $0.1993 and last traded at $0.2003. 58,490 shares traded hands during mid-day trading, a decline of 86% from the average session volume of 425,672 shares. The stock had previously closed at $0.2076.
Falcon Oil & Gas Trading Down 3.5%
The company has a 50-day moving average price of $0.18 and a 200-day moving average price of $0.15.
About Falcon Oil & Gas
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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