IN BRIEF: Falcon Oil & Gas third-quarter loss widens

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Falcon Oil & Gas Ltd - Australia, Hungary and South Africa-focused oil and gas company - Says its loss for the third quarter of 2023 was $1.0 million, widening from $822,0000 the year prior. In the first nine months of the year, the firm’s loss narrowed to $2.5 million, from $2.9 million previously. Does not record any revenue for the period, unchanged from a year ago. Says it will continue to focus on cost management and improving the efficiency of its operations.

Current stock price: 7.00 pence each

12-month change: up 2.2%

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