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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...since day one everything has been based on whether they could get flows...when xom joined we assumed the best technology would be used...had they used us tech and not questionable eu things may have been different...it is what it is...xom failed miserably...we find it quite appauling that a cowboys crew did better than those that claim to be able to tackle the toughest challenges...they have left forever who knows...most likely...but wouldnt be surprised to see someone else who doesnt have as many lower hanging fruits as xom does across the globe...will someone else come in...most likely yes...when and at what price...who knows...as for the au play...the wells are of a different nature...there is questiion among mngt of whether convention or unconventional in nature...maybe we will catch a break and the shenand. well will flow...wouldnt that be a shocker...remember one barite plug cost us sitting at 3 bucks + right now...like we said it is what it is...we are looking at dead money again...but long means long...we used to kid about about our kids kids benefitting from fo...and who knows could be that way...trade buy or sell...whatever anyone does there is always the chance that a well will flow someday and when that formula is found we would bet the value of this sinking ship will blow by the s&p's values...if mab is right or even close to the numbers he is touting...which we believe the numbers were even higher but big is big and if they were any bigger it would be even tougher for him to sell...liars lie and sellers sell...lets just hope one of these blasted wells will flow...question is when will fo put out their next rose colored nr...and will there be meat and potatoes in the pie or just more cream fluff...buy sell or hold...that is the question...fact is xom failed ...gofo and g'day

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