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: Wait and see

I believe that Exxon has until December sometime to make a decision on moving on to Phase 2, but they could easily come to an arrangement to extend the deadline if both Falcon and Mol were to accept an extension. I would suspect that if Exxon is not going to move forward then we will know that before too long and that may be one of the "special" aspects to the annual general meeting coming up on December 10th out here in Vancouver.

We have had rumours on other boards, including the Motley Fool board, that the most recent Fracture was a bit of bust as well. Has anyone heard anything specific as yet or something more than the pictures of a tiny flare at the Foldeak well??

Regards Paul

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