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: Inpex doing some exploring in Falcon's backyard - oilmaninvestor

Thanks for digging up that Deloitte post showing the outline of Inpex's proposed exploration lands and the Northern Territory release.

The land that Inpex has picked up appears to be the property that Falcon had to relinquish, but it may also include a portion of Bruner's "Paltar" holdings. If you look at the charts at the very bottom of this attached Paltar link - you will see that Paltar had the rights to small south west corner off the Falcon holdings and it looks like Inpex might have gained rights to some of that property too?? I am sure that Soly will know for sure if Inpex's land includes some of Paltars.

For long term Falcon shareholders - this is probably good news as Inpex has picked up exploration rights that are outside of the Beetaloo sweet spot ( you will see the sweet spot of the basin very clearly in the Paltar "Perspective" and "Seismic Section" charts on the link attached). If Inpex is prepared to spend millions on the periphary? (edges) of Falcon's much larger land base - then they must believe very strongly that the gas is there.

http://www.paltar.com.au/beetaloo-basin_overview.php

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