Re: MATERIAL CHANGE REPORT

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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lanman1

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Re: MATERIAL CHANGE REPORT

in response to

Re: MATERIAL CHANGE REPORT

Deal or No Deal

posted on Dec 16, 2009 08:08PM

>I see the SweetPea name under item 5. Thought SweetPea, a company owned by PetroHunter, was now owned by Lake Oil. Oh what I tangled web we (Bruner) weave.

Thats an old release saying that Lakes Oil aquired a Petroleum Exploration Permit from Sweetpea. Pretty much totally irrelavant.

Jan 2008

Lakes Oil N.L. (LKO) advises that it has recently acquired the Petroleum Exploration Permit PEP169 from Sweetpea Petroleum Pty Ltd. Sweetpea Petroleum Pty Ltd, a subsidiary PetroHunter Energy was awarded the permit in June 2007.
PEP 169 is located in the Onshore Otway Basin, north of Port Campbell. It is directly adjacent to a producing gas field and has good data sets associated with it as well as identified areas of high prospectivity identified.
Lakes Oil N.L. is very pleased to have acquired this permit.

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