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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AGORACOM NEWS FLASH

Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Have a great Sunday, especially those of you like me that are celebrating Orthodox Easter ... As well as those of you who are also like me and mourning another Maple Leafs Game 7 exit ... Ugggh!

Sincerely,

George et al

Message: Re: Falcon Oil partner misses Mako drilling deadline

Good riddance NIS.

Here's what I said on December 2nd 2014.

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Lets see... NIS is poking around in the shallow Algyo play that contains at the most about a half TCF gas.

That's not really a huge amount of gas, but still it would be nice to get. You have to realize that MOL the Hunagarian energy company already drained the Algyo formation over the course of the last 60 years. What's remained at the the bottom of the Algyo formation is in narrow intervals and is unconventional that requires horizontal drilling. So, NIS must be the only company in the 21'st century that does not know that. They say NIS wants to drill a third well, I say if they don't go horizontal better forget about it.

Then again, maybe things aren't what they seem. They maybe poking around the deeper Algyo and right into the Szolnok formation to learn about the deep Mako play. Afterall, The deep Mako play contains 70 times more gas at 35 TCF.

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