Falcon Oil & Gas (TSE:FO) has released an update.
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Falcon Oil & Gas Ltd. has announced the filing of its debt-free Interim Financial Statements for the first half of 2024, highlighting a strong cash position of $11.5 million and continued emphasis on cost management. Despite the robust financial status, the company reported a comprehensive loss, although it remains focused on the strategic development of its oil and gas assets in Australia, South Africa, and Hungary.
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