Re: Exxon on reliance on Unconventional
in response to
by
posted on
Mar 18, 2010 03:43PM
Developing large acreage positions of unconventional and conventional oil and gas resources
>This tells me that Falcon's portion in Hungary will not attract much interest as it is a much too difficult nut to crack and Exxon had judged it as not economical. Otherwise why would they leave if it was that wonderful ?
Well, Exxon has not yet said why, but someday we’ll learn about it. Maybe Exxon predisposed for easy pickings.
As György Szabó said:
-The Financial Times had it right when they wrote, this case proves that the giants are not suitable for unconventional research - says György Szabó - Result from this type of research may not come on scheduled time, therefore you cannot plan in that manner.
There are interested parties in our program, and I am confident that we can conclude a deal, because the work we've done is well-founded, well documented, and continuable.
http://www.delmagyar.hu/mako_hirek/takareklangon_a_makoi_gazkutatas/2143365/