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Falcon Oil and Gas Down 4% in London Trading as 2024 Loss Narrows
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Falcon Oil and Gas Down 4% in London Trading as 2024 Loss Narrows
May 25, 2025 8:41 PM

07:05 AM EDT, 04/29/2025 (MT Newswires) -- Falcon Oil & Gas ( FOLGF ) , which was at last look down 4% in London trading, on Tuesday reported a narrower 2024 loss.

The loss and comprehensive loss was US$3 million, or US$0.003 per share, compared with a loss of US$3.3 million, or US$0.003 per share.

For the fourth quarter of 2024, Falcon reported loss and comprehensive loss of US$1.2 million, widening from a loss of US$891,000.

The company said it was debt free with cash of US$6.8 million as of Dec. 31, compared with US$8 million cash as of Dec. 31, 2023.

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