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: Russia's richest oligarch backs Irish fracking firm Falcon Oil in gamble

Sounds like the sharks are circling folks. Someone posts something they see online and everyone pounces. Are we getting testy with the recent downturn? Remember this is a high risk venture. Any positive press is good press even if it is spinning old news.

Since they have started drilling, I think Falcon will announce the following years production plan by the end of the year, since they will need to forecast out the equipment to bring in. From what I see they have one day left in June -- and they said they were drilling in June. Anyone seen any photos of drilling equipment on site?

Per Falcon press release --

"Civil works on the first well, “Kalala S-1” are now under way with the spudding on target for the end of June 2015."

Maybe we get a press release tomorrow that says

"Falcon is pleased to announce the successful spudding of its first well -- and oil and gas came spewing out". Riches to follow.

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