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: Good times for XTO Energy-(off topic)

"The integration into ExxonMobil's global functional model will allow the rapid development and deployment of technologies and operating practices globally to maximize resource value."

From our perspective this deal with XTO may have come about just in time. XTO will now have two months to review the Mako results and this may just be enough time for them to recommend going to phase 2 as they look to prove to Exxon that their expertise has warranted the very high price tag. Regards Paul

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