Falcon Oil & Gas Ltd. (LSE:FOG) has released its interim financial statements for the first six months of 2025, showing a reduction in available cash. The company reported that reserves fell from $6.8 million at the end of 2024 to $4.8 million by June 30, 2025.
Despite ongoing efforts to manage expenses and maintain operational efficiency, Falcon posted a comprehensive loss of $872,000 during the reporting period. The latest figures highlight the financial pressures the company continues to face, which could influence both its strategic decisions and investor sentiment in the months ahead.
About Falcon Oil & Gas
Falcon Oil & Gas Ltd. is an international energy company specializing in the exploration and development of unconventional oil and gas resources. Its core interests are located in Australia, South Africa, and Hungary. The business is incorporated in British Columbia, Canada, and operates its headquarters out of Dublin, Ireland.
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