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: Hess Issues Posted 6/3/13

Hess Leadership has registered and sold 61,247 Hess shares in the past 24 hours. This may be in anticipation of today's Board Meeting and expected "austerity" measures. If Austerity is the plan let us hope that Aussie remains on the board for development. We must assume that this will be a direct function of the seismic data. If good they go, if mediocre-----probably not given the Hess cost cutting focus when looking at 2012 expenditures when compared to 2013. While I hate to be negative as I have been on this stock for years we must also be realistic. I want this to move and be a 50 bagger, but I have my doubts with the new board leadership inside Hess. On another note, Volume on PetroHunter has been strong the past couple of days. This may be an indication of good news as the value of PetroHunter is only as strong as Aussie. This buying "may" be indicative of insider info that Hess will move on Aussie since SweatPea i.e. PetroHunter really only has Aussie to gain from at the moment. Go Falcon and may Hess move forward with the plan. Big money potential for Hess, but also a big, big investment to get the black gold and gas to the surface and to market. Again, if seismic is strong they go!

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