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: Falcon Oil & Gas: No technical reason for Hess hesitation

Where the short term price goes is anyones quess and I mean quess, as it is a matter of the law of supply and demand. With good prospective land that has gardnered interest and shopped by the majors with interest in the past couple of months we will see a deal not far down the road and the share price has only one way to go IMHO and that is up. Remember they will not drill immediately but they will get an agreement very soon, and it will not be a one sided agreement as Falcon has a lot to offer, and with the large land size and all the potential it can be divided up into smaller packages with more companies. In the long run this could lead to the development of the Beetaloo on a much faster pace. I personally like our working relationship with Chevron in South Africa and could see them expanding on the good working relationship between the two companies.

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