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Message: Am I a fool to believe?

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Re: Am I a fool to believe? / Deal

in response to Re: Am I a fool to believe? by Deal or No Deal

posted on Oct 09, 09 02:04PM

Well here is an extract of the news release from the Budapest Daily Journal

ExxonMobil recommends abandoning Hungary exploration

Friday 16:03, October 9th, 2009

Denver-based Falcon Oil and Gas on Thursday said ExxonMobil had recommended abandoning an exploration and production program both companies share in Hungary's Makó Trough, but Falcon believes tests to date do not represent a complete evaluation of the potential of the site.

So we now have three versions

1.Suspending

2.Ceasing

3.Abandoning

I agree with your point as ceasing and abandoning concur more than Suspending.

However if we read Mol's release today, I interpret it more as suspending .... Just semantics in the end ¨!

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Falcon Oil & Gas Ltd. is a global energy company that is focused on acquiring, exploring and developing large acreage positions of unconventional and conventional oil and gas resources. read more