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The exploration of the Makó unconventional natural gas field caused huge costs for Falcon's interest: the 2010 balance sheet posted a loss of $100 million and the 2011 a loss of $32 million. The loss was borne by TXM Oil and Gas Research, Inc., owned by Mako Energy Corporation, a Delaware State (USA) subsidiary of Falcon Oil & Gas Ltd., Canada ...
Through a $10 million private placement in Falcon Oil & Gas, Bryan Sheffield gains exposure to the company’s 1 million net acres in what he says “may become one of the biggest shale plays in ...
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In 2000, Transocean acquired R&B Falcon Corporation, owner of 115 drilling rigs, in a deal valued at $17.7 billion. With the acquisition, Transocean gained control of what at the time was the world's largest offshore operation. Among R&B Falcon's assets was the Deepwater Horizon. [13] R&B Falcon had acquired Cliffs Drilling Company in 1998. [14]
The falcon cannot hear the falconer; Things fall apart; the centre cannot hold; Mere anarchy is loosed upon the world, The blood-dimmed tide is loosed, and everywhere The ceremony of innocence is drowned; The best lack all conviction, while the worst Are full of passionate intensity. Surely some revelation is at hand; Surely the Second Coming ...
Falcon Oil & Gas Ltd. was an early entrant into the shale gas play of South Africa, obtaining an 11,600-mi2 (30,000-km2) Technical Cooperation Permit (TCP) along the southern edge of the Karoo Basin. Shell obtained a larger 71,400-mi2 (185,000-km2) TCP surrounding the Falcon area, while Sunset Energy holds a 1,780 mi2 (4,600-km2) TCP to the ...
Oil traders, Houston, 2009 Nominal price of oil from 1861 to 2020 from Our World in Data. The price of oil, or the oil price, generally refers to the spot price of a barrel (159 litres) of benchmark crude oil—a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil ...