Re: Interesting: Exxon, XTO and Falcon

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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gumby1116

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Re: Interesting: Exxon, XTO and Falcon

in response to

Interesting: Exxon, XTO and Falcon

giant hogweed

posted on Jan 09, 2010 12:47AM

OK, I'm, willing to wait - according to the NR:

Under the agreement with Falcon, Exxon has until the end of February to decide whether to drill more wells, Schultz said. He said he expects the company to commit to spending another $150 million.

Though I've been long on FO, and short on temper, another 45 days or so may be what I need to see if Bruner can convince Exxon that they made the right decision.