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IN BRIEF: Falcon Oil & Gas narrows first quarter loss

ALN

Falcon Oil & Gas Ltd - Dublin-based oil and gas company focused on Australia, South Africa and Hungary - Narrows comprehensive loss to $750,000 in the first quarter of 2022 from a loss of $1.3 million the previous year. Produces no revenue, down from $2,000 the year prior. First quarter expenses fall to $693,000 from $1.2 million. Assets dip marginally to $50.9 million from $51.4 million.

Current stock price: 10.01 pence

12-month change: up 59%

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