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: The Mid Velkerri oil and gas zones

Thanks for posting this new chart showing the gas and oil zones. The latest map you posted appears to show three Shenandoah wells, one in the middle of the red gas zone, another on the edge of the gas/oil area and a third in the oil zone - which is the one that will be completed?? or they all the same but showing differing horizontal aspects??

I am also wondering whether the shale oil in the Beetaloo is much like the Colorado shales where they haven't figured out how to commercially crack the shales to get enough flow to warrant the expense or whether the oil is more like the Bakken oil in Saskatchewan that flows fairly well but only about 300 to 500 barrels per day from lengthy horizontal fracturing???

It looks like Cannacrap is hiding today, but they appear to have done their job well as we now have over 1 million shares for sale between 18 and 19 cents that will probably keep a cap on Falcon for quite some time.

Regards Paul

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