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: Petroleum agency moves to process pending shale-gas applications

<"Maybe this is a lot bigger news than the market is giving it credit for."

"..now they will be able to start the planning for seismic work ..">

An exploration company planning for seismic work is NOT big news.

<""Exploration work programmes, excluding fracking, could commence as soon as the exploration right was issued to a holder."">

"EXCLUDING FRACKING?????"

Generally speaking, shale gas development is ALL about fracking.

jmo

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