Marc Bruner and Alexander Hubbard-Ford did their first presentation in Paris (France) on Monday 23, then were heading to Bruxelles for their next presentation.

Investors in Continental Europe appear to be more interested (i.e. ready to invest) in Juniors than UK Investors, due to the current crisis.

News are expected in about 60 days.

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."