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: Standard & Poor's Initiates Factual Stock Report Coverage on Falcon Oil & Gas

Here is what I propose: total required 9, surpluss 31 (that means 31 staff ready for the chopping block, and at a minimum $70K to $140K potential savings are $840K to $1680K. And staff that does not exist does not require offices either.



manage Aussie JV - 1 (contract out any work needed)

manage mako JV - 1 (contract out any work needed)

manage 100% owned lands - 1

ceo/coo/pr guy - 1

VP of everything - 1

manager of everything - 1

engineering - 1 (contract out any work needed)

geological - 1 (contract out any work needed)

accounting - 1 (contract out payroll etc)



db



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