"FOGL’s shares are traded on the Alternative Investment Market (AIM) on the London Stock Exchange. We will drill our first exploration well, which will target the Toroa prospect, in the first half of 2010. FOGL estimates that the Toroa prospect has mean, gross, unrisked prospective resources (recoverable hydrocarbons) of 1.7 billion barrels and a range between 380 million barrels (P90) and 2.9 billion barrels (P10)."
Tim Bushell
Chief Executive Officer
18 Aug 2010
12 Jul 2010