Falcon Australia’s interests are located in the Beetaloo Sub-Basin, Northern Territory, Australia. The following table summarises the interest held:

Assets (Country)Interest (%)OperatorStatusArea (km2)
EP*-76 (Beetaloo Basin, Northern Territory, Australia)30OriginExploration1,891.30
EP*-98 (Beetaloo Basin, Northern Territory, Australia)30OriginExploration10,316.00
EP*-117 (Beetaloo Basin, Northern Territory, Australia)30OriginExploration6,412.00
Technical Cooperation Permit, (Karoo Basin, South Africa)100FalconTCP30,327.90
Makó Production Licence (Makó Trough, Hungary)100TXMProduction994.6

*EP – Exploration Permit

Beetaloo Sub-Basin

– 4.6 million gross acres (1.4 million net acres) onshore in the Beetaloo Basin, Australia
– Three exploration permits granted in 2005 and 2006
– A$200 million Farm-Out with Origin and Sasol completed in August 2014
– Commencement of a nine well exploration and appraisal programme in 2015
– Notification of Discovery announced in October 2016
– Material gas resource announced in February 2017
– Origin acquired Sasol’s 35% interest in May 2017
– Acceleration of exploration and appraisal drilling programme into Stage 2 in August 2018
– Exploration and appraisal activities planned for 2019