Falcon Minerals Corporation (FLMN) Reports In-Line Q4 EPS, Revenues Miss

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Falcon Minerals Corporation Reports Fourth Quarter and Full Year 2019 Financial Results

March 9, 2020 5:03 PM EDT

NEW YORK--(BUSINESS WIRE)-- Falcon Minerals Corporation (Falcon, or the Company, we, our,) (NASDAQ: FLMN, FLMNW), a leading oil and gas minerals company, today announced financial and operating results for the fourth quarter and full year ending December 31, 2019.

Highlights

Four Hooks Ranch wells were turned in line on February 7, 2020 (1) 218 gross line of sight wells (3.52 net wells) permitted and in active development, an increase of ~25% from November 2019 1.20 net wells out of the 3.52 net wells were connected in January and February 2020 Continue to average seven rigs running on Falcons Eagle Ford position in the... More