– IRELAND, Dublin – Falcon Oil & Gas Ltd. (TSX: FO | LON: FOG) today announced the appointment of Joe Nally to its Board as Non-Executive Chairman, with immediate effect, replacing Joachim Conrad who will remain on the Board as a Non-Executive Director.
“We are delighted to welcome Joe onto the board of Falcon as Non-executive Chairman. Joe’s strategic insight and vision gained from his extensive experience in oil and gas in the UK and North American markets will be a huge asset to the Company. I look forward to working with Joe as we enter the next stage of development following the exciting Amungee NW-1H test results announced on 3 September 2021,” said CEO, Philip O’Quigley.
He added: “I would like to sincerely thank Joachim Conrad for his stewardship of the Company as Chairman since 2015 and I am delighted that he will remain on the board as a Non-executive Director.”
About Joe Nally
Joe Nally has over 45 years of experience in London’s capital markets including 18 years at Cenkos Securities PLC, a firm he co-founded in 2004. Mr. Nally was an Executive Director and Head of Natural Resources at Cenkos, where he helped to build, develop and give strategic advice to several successful companies in the oil and gas sector. Before this, Mr. Nally was a partner and director at Williams de Broe and an individual member of the International Stock Exchange of London.
Joe Nally commented: “I am delighted to be joining the Board of Falcon at this exciting time with the recent significant development providing a line of sight to gas commercialization of the Beetaloo in the Northern Territory, Australia.”
About Falcon Oil & Gas Ltd.
Falcon Oil & Gas Ltd is an international oil & gas company engaged in the exploration and development of unconventional oil and gas assets, with the current portfolio focused in Australia, South Africa, and Hungary. Falcon Oil & Gas Ltd is incorporated in British Columbia, Canada, and headquartered in Dublin, Ireland with a technical team based in Budapest, Hungary.
Falcon Oil & Gas Australia Limited is a c. 98% subsidiary of Falcon Oil & Gas Ltd. Falcon Oil & Gas Australia Limited and a wholly-owned subsidiary of Origin Energy Limited (ASX: ORG) are joint venture partners in respect of the Beetaloo project.
For more information: https://falconoilandgas.com/
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