Re: Falcon Oil & Gas boosted by significant Aussie shale gas milestone

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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Re: Falcon Oil & Gas boosted by significant Aussie shale gas milestone

in response to

Falcon Oil & Gas boosted by significant Aussie shale gas milestone

Turboray39

posted on Oct 18, 2016 10:55AM

Very happy with current results. The flow rates are good and permeability and porosity comparable to Bakken. Of course the elephant in the room is the moratorium. But I am personally optimistic--with Origen an Aussie operator-and safe initial tests--plus evidence of a potentially massive NG deposit- and federal Aussie government supportive-I think we will get moratorium lifted with 12 months.JMO.

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