Falkland Oil And Gas (LON:FOGL) - Falkland Oil & Gas; huge prospectivity not reflected in share price

Thursday, Nov 30 2006 by

Nov 30th 2006 - Equity Development today published a report on Falkland Oil and Gas (FOGL.L, LSE:FOGL, LON:FOGL) entitled "Falkland Oil & Gas; Huge Prospectivity Not Reflected In Share Price ". In summary, the report says:

Huge potential hydrocarbon resources in the South Atlantic More definitive mapping of prospects due mid-2007 Speculative, but could prove highly rewarding Recent boost to capital reserves from convertible 125p / share seen as fair value versus current 75p

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