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: Re: Exxon on reliance on Unconventional

The point is that Exxon stayed; obviously they have plans for the Makó trough. Therefore, it’s also obvious that the other energy players view this encouraging.

As I said in the past, one well does not define the whole Trough. As the opinion of György Mosonyi CEO of MOL Group also concur.

http://www.privatbankar.hu/cikk/befektetes/megerosites_es_cafolat_igy_tervez_a_mol_33032

In connection with the non-traditional gas production in the Makó trough György Mosonyi said: the Canadian Falcon conducted its exploration in the Eastern half of the Basin, Mol only took part in the follow-up work at the company's request. Falcon’s drilling indeed was not really successful, but in the case of a non-conventional gas production experiment, it does not considered to be an unusual event.

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