Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Falcon Oil & Gas Buys Out Australian Business

Philip O'Quigley, CEO of Falcon Oil & Gas (LON:FOG TSX-V:FO ESM:FAC), tells Proactiveinvestors that while the deal dilutes shareholder value by 10.8%, there is an increase of 24.2% in the Australian business. Philip also explains that June will be a 'busy month' for the company.

http://www.proactiveinvestors.com/companies/stocktube/480/falcon-oil-gas-buys-out-australian-business--.html

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.