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AGORACOM News Flash

AGORACOM Wire - Wednesday February 15th, 2012

Breaking News ....

Lomiko (LMR: TSX-V) to Complete 43-101 Report on Previous Drilling at the Quatre Milles Graphite Property *CLIENT* Read More

Top Sector Stories ....

Strike Graphite Corp. (TSXV:SRK) Acquires Wagon Graphite Project in Quebec in Vicinity of Timcal's Lac des Iles Graphite Mine *CLIENT* Read More  |  Profile

Strike Graphite goes "Beyond the Press Release"

McLaren Resources (CNSX:MCL) Drills 7.0 Grams Gold Over 7.4 Metres at the TimGinn Property Located Adjacent to the Hollinger Mine *CLIENT* Read More | Watch Beyond the Press Release

 AGORACOM Launches GraphiteStocksBlog.com

We're proud to announce the launch of GraphiteStocksBlog.com a website dedicated to the needs of investors and companies in the fast growing Graphite industry.

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Message: Exxon's election to proceed to the next phase

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Exxon's election to proceed to the next phase

posted on Nov 26, 09 09:08AM

Mark this date in your calendar: February 28 2010

The Initial Work Program was completed on October 30, 2009. ExxonMobil is now in the 120-day evaluation period, after which time ExxonMobil has the right to proceed to the next phase (the “Appraisal Work Program”), or to terminate the PDA. If ExxonMobil elects to proceed forward, ExxonMobil and MOL will pay the Company an aggregate of an additional $50 million and will be required to expend an aggregate of $100 million. A portion of the work commitment may be applied to drill one or more wells based on the optimum location from a Makó Trough-wide standpoint. If ExxonMobil elects not to proceed beyond the Initial Work Program, ExxonMobil will relinquish and reassign all of its rights and ownership in the Contract Area to the Company.”

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President's D.D.

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