Fall River Resources (FRV)

Shares / Stock Code

FRV

Stock Exchange / Sharemarket

Australian Securities Exchange

Fall River (FRV) is a Canadian based company investing in Canadian and USA oil and gas participation interests. Fall River's current projects include the Sprowl Project and the Green River Oil Shale Project in the US, as well as the Lake David and Sunken Lake projects in Canada. Fall River Resources Ltd was established in 1998 and listed on the TSX Venture Exchange in January 2000 under the code FRR. It is likely to start trading on the ASX from 28 February 2006.

FRV's properties include West Florence Exploration Joint Venture and Baxter Shale project. The production from the Slanovich in west exploration joint venture is eight barrels of oil per month. Its wholly owned subsidiary is Spring River Resources Ltd.

Unlike many other companies in the ASX oil and gas sector, the company is already listed on the TSX Venture Exchange in Canada and has established itself with direct investment into oil and gas participation interests in Canada and the US.

Most oil is sold into global spot markets, whilst gas is typically sold under long-term contract arrangements with utilities, large industrial users and steel plants. Fall River Resources key competitors include Rio Tinto (RIO), BHP Billiton (BHP), CH4 Gas Ltd (CHX) and Bounty Oil & Gas (BUY).

Fall River Resources (FRV) Products and Services

  • Investment in oil, gas and geothermal production and advanced exploration in Australia, the USA and Canada

Fall River Resources (FRV) Locations and Subsidiaries

Fall River Resources Head Office
Level 7, Ferrari House, 28-30 Grenfell Street,
ADELAIDE, SA 5000
Phone: 08 8212 0579
Fax: 08 8212 2230

Fall River Resources (FRV) Share Price

Submitted by ASX Listed Company on 22 March, 2010 - 00:37

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