Re: Falcon Oil & Gas Ltd. enters into binding agreement to acquire an additional 25%

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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Shepp

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Re: Falcon Oil & Gas Ltd. enters into binding agreement to acquire an additional 25%

in response to

Re: Falcon Oil & Gas Ltd. enters into binding agreement to acquire an additional 25%

vitrik

posted on May 27, 2009 05:58PM

Last November I sent an Email to Falcons IR about when they would start new exploration and drilling on the non JV lands. Their reply was essentially, they were waiting on new exploration and drill results garnered from the current drilling and exploration by Exxon on the JV lands to better understand the play before committing their own cash.