Public market insider buying at Falcon Oil & Gas (V:FO)

Thomas Bruce Layman, a Director, acquired 1,120,000 Common Shares on a direct ownership basis at prices ranging from $0.105 to $0.110 between December 5th, 2022 and December 9th, 2022. This represents a $118,720 investment into the company's shares and an account share holdings change of greater than 100%.

Gregory Harold Smith, a Director, acquired 150,000 Common Shares on a direct ownership basis at a price of $0.105 between December 7th, 2022 and December 9th, 2022. This represents a $15,750 investment into the company's shares and an account share holdings change of 19.5%.

Falcon Oil & Gas is in the Oil & Gas Exploration and Production Sub Industry Group under the Energy Sector.

Falcon Oil & Gas Ltd. is an international oil and gas company. The Company is engaged in the exploration and development of unconventional oil and gas assets, with a portfolio focused in Australia, South Africa and Hungary. Its Beetaloo Sub-basin project is located in the Northern Territory, approximately 600 kilometers south of Darwin. The Company holds a Technical Cooperation Permit (TCP), covering an area of approximately 30,327 square kilometers in the southwest Karoo Basin, South Africa. The Karoo Basin is a sedimentary basin covering approximately 6000,000 square kilometers in central and southern South Africa. The Karoo Basin contains organic rich shales, such as the permain whitehill formation representing the focus of shale gas permit applications. The Company's Mako Production License (Mako Trough) is a sedimentary basin located in south-eastern Hungary in the mature Pannonian basin. Mako Trough contains two plays, such as Mako Shallow Play targeting Mako Deep Play.