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: August 26 Information
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Aug 27, 2011 10:30AM

Financially they look good for now, especially with cash from Hess coming soon. I wish there was some source of revenue coming in to the company but we'll have to wait for Hess or NIS. Not a ton of debt though, but Falcon loves to tap investors for more cash when they need it. Anybody have any idea of when the Account Rec. turns into hard cash for the company? Just trying to gauge if more price dilution is possible, even though they said they wouldn't. One more question before I go, did Falcon say they would release results of the Shenandoah 1 well results considering Hess is paying 2 M for that info? If they don't I guess we may not see any movement in price until we see news from either NIS or Hess. Well I'm new here to the board but I've been watching all the posts here for a few months now. Some people are disgruntled, some pumpers, but for the most part this is the most educated blog I've bumped into. I'm long on this puppy so I will try not to be biased when presenting news or opinion. Hopefully this will make us rich. Good luck.


Aug 28, 2011 01:41PM
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