Falcon is a global energy company with projects in Hungary, Australia & South Africa

Developing large acreage positions of unconventional and conventional oil and gas resources

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>All very valid points Lanman, but have you considered what value has been added since by Petrohunter.

Yes, I considered that, so although I think the play is worth a lot more now than what it was when the ROC/Bayless deal was made, Falcon certainly didn't get a bargain. Texalta got over $10 mm after selling 60% interest, but they hadn't done any work yet, so the $20 million Falcon paid might have been fair, just not 'cheap'.











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