FALCON OIL & GAS LTD.
(“Falcon” or “Company”)
Filing of Interim Financial Statements
27 November 2025 – Falcon Oil & Gas Ltd. (TSXV:FO, AIM: FOG)) announces that it has filed its interim financial statements for the three and nine months ended 30 September 2025 and the accompanying Management’s Discussion and Analysis (“MD&A”).
The following should be read in conjunction with the complete unaudited unreviewed interim financial statements and the accompanying MD&A for the three and nine months ended 30 September 2025, which are available on the Canadian System for Electronic Document Analysis and Retrieval (“SEDAR+”) at www.sedarplus.ca and on Falcon’s website at www.falconoilandgas.com
2025 financial highlights and other financial updates
The definitive agreement entered into between Falcon and Tamboran Resources Corporation (NYSE:TBN, ASX: TBN)) is progressing and is expected to close in the first quarter of 2026.
Cash of $2 million at 30 September 2025 (31 December 2024: $6.8 million).
Continued focus on cost management and the efficient operation of the portfolio.
Ends.
CONTACT DETAILS:
Falcon Oil & Gas Ltd.
Philip O’Quigley, CEO
+353 87 814 7042
Anne Flynn, CFO
+353 1 676 9162
Cavendish Capital Markets Limited (NOMAD & Broker)
Neil McDonald
+44 131 220 9771
Falcon Oil & Gas Ltd.
Interim Condensed Consolidated Statement of Operations and Comprehensive Loss
(Unaudited)
Three months ended 30
September 2025
$’000
Three months ended 30
September 2024
$’000
Nine months ended 30
September 2025
$’000
Nine months ended 30
September 2024
$’000
Revenue
Oil and natural gas revenue
–
–
–
–
–
–
–
–
Other income
Other income
–
–
63
–
–
–
63
–
Expenses
Exploration and evaluation expenses
(51)
(44)
(136)
(130)
General and administrative expenses
(666)
(523)
(1,669)
(1,601)
Foreign exchange gain
34
91
207
133
(683)
(476)
(1,598)
(1,598)
Results from operating activities
(683)
(476)
(1,535)
(1,598)
Finance income
10
365
280
193
Finance expense
(142)
(132)
(432)
(393)
Net finance (expense) / income
(132)
233
(152)
(200)
Loss and comprehensive loss for the period
(815)
(243)
(1,687)