Davy Research actually appear to be fairly encouraged

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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Davy Research actually appear to be fairly encouraged

posted on Jul 01, 2013 04:14AM

Davy's take on the news...

http://www.davy.ie/davy/article.htm?id=Davy_Morning_Equity_Briefing_01072013_moneBLinkS0016C0001Cmp.htm

As Oilman highlighted Davy have also picked up on the shale oil play in the north... "encouraging results from the recent seismic programme and the identification of a shale oil play in the northern part of the licence"

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