Re: Key points in the Macquarie Falcon report.

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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solyomtwo

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Re: Key points in the Macquarie Falcon report.

in response to

Re: Key points in the Macquarie Falcon report.

dirtyboots

posted on Nov 19, 2008 07:55AM

Analysts dissapoint sometimes. This one ommited to mention we get only 37.5% revenue interest for the 50% working interest.

You are passing a slanted judgment Dirtyboots. The analyst opinion is on Falcon as a whole.

Your point on the Petrohunter deal is also wrong in my opinion.

The reason Falcon gets only 37.5% of the revenue, because they have not compensated Petrohunter for their cost in the development accrued to date.

Regards,

John

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