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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Message: Re: Bruner on the Road

Mar 25, 2009 06:36AM
12
Mar 25, 2009 08:14AM


Thank you Argenten, your information is a breath of fresh air.

Points to concentrate on in these idle times.

  • Currently Exxon’s main target is Szolnok. Time to drill one well into Szolnok is about 30 days.

  • Exxon are drilling two exploration wells in the approximatively triangular South West part of exploration zone (where Makó Trough is printed, see pic 8, presentation on web site).

  • Some production could take place in six month.

  • Discussions between Exxon and Falcon on drilling multiple wells from one pad (Foldeak 1) to begin shortly.

  • Sulphur occurence in Synrift only, not above. (see pic 6, presentation, on web site).

  • Bruner is confident that Exxon will enter Phase 2.

  • Falcon does not have to spend anything. "Sitting on the sidelines and watching Exxon spending."
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Mar 25, 2009 03:13PM
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Mar 26, 2009 06:49AM
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Mar 26, 2009 03:22PM
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