Thx for the excellent response! Avelar is a russian owned facade, and

Burlingame is .. well i don't know and can't find out?

Those represent 32% of falcon. Their is also mol who is getting shafted,

in the $150,000,000 fiasco by the russian JV PROJECT.

I sense that Russian entities are trying to posture a superior position in

this play, as they possibly really believe it will compete with their monopoly

in the natural gas business, and are shafting mol as exampled above to weaken them.

Personally i wish exxon would take some kind of position in FO , EVEN on the

open market to secure a 51% position overall. Hopefully mab keeps control

on shares. Very speculative, but his stretch into colorado and Australia

has created more shares that are definitely in fo's hands. I do suspect if/when

testing went well , many things could happen.

Exxon , as shown by earlier post has vast amounts of cash, but yet still

have not made major moves due to global uncertainty.

I highly believe if/when exxon makes some moves on acquisitions, it

will be a tremendous signal that the recovery could be in the actual process

in the oil and gas industry.