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: Compare to Anwar

Compare to Anwar

posted on Sep 11, 2009 10:59PM

Even though we are on the verge proving of one of europe's largest gas finds next month (fingers crossed). 33% ownership is hefty, considering other small caps give there land to the majors for a much smaller percentage.

How come nobody has mentioned that the undiscovered estimated reserves of Anwar is smaller than the beetaloo basin. 75% ownership is attractive.

Anwar estimates are------ low is 5.7 to best estimate 16 billion Barrels

Beetaloo best estimates 19 Billion barrels.

I think investor are remembering falcon 2 years ago without understanding the underlying reason for the fall in share price.

I believe that saying will not hold true once a trading halt comes courtesy of Exxon.

Then we can divert our attention to Anwar down under.

Visioneer

http://www.anwr.org/features/pdfs/ANWR_estimates.pdf

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