Dec 3 (Reuters) - Falcon Oil & Gas Ltd FO.V :
* Nis to pay US$3.7 million cash settlement to Falcon
* Signed termination agreement with naftna industrija srbije jsc terminating
oilfield services contract entered in January 2013
* Says Falcon retains a 100% interest in the mako trough licence in hungary
including the deep play
* Source text for Eikon ID:nMKW3wbC8a
* Further company coverage FO.V