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: Message from a shareholder friend

FALCON, SHOW YOUR HAND…

During this hold your breath and cross your fingers period could the following be taking place? Falcon realizes that Hungary is turning out to be a bust; they are negotiating with NIS (Gazprom) to unload the property. Falcon never intends to explore the Karoo with Chevron: Falcon will sell their position to Chevron as part of a package deal. The package will consist of Falcon offering the Karoo property at a can’t pass up price if Chevron agrees to purchase Falcons’ Australian property outright. Consider what Philip O’Quigley stated… “Falcon’s model…is actually to sell. We’re not going to become an oil and gas producing company in unconventionals”. Until recently, these scenarios would have not crossed my mind; however, the absence of news is causing me to have “what-if, “I wonder” and “no, they wouldn’t do that” thoughts. What are you thinking?

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