The Falcon play
posted on
Dec 19, 2011 09:10AM
Developing large acreage positions of unconventional and conventional oil and gas resources
Falcon’s properties in Hungary and Australia contain an estimated recoverable 100 TCF of gas resources plus an estimated recoverable 18 billion barrel of oil. So, potentially we’re looking at 100’s of billions of dollar value.
Now, I’m not telling anything new to the 13,000 long-term shareholders, because they already know that. They also know that to realize this potential value Falcon has to complete the steps that was outlined in the road map for the coming year and the years beyond. So we, the long-term shareholders willing to wait for Falcon to succeed.
Looks like the backroom boys are not happy with the allocation of shares……well you know what they do……and when all else fails that’s when they send in the ‘tools’ to do the good cop/bad cop routine.
Take a look at the shareholder’s allocations: