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: Re: think about

Oct 22, 2009 08:02PM
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Oct 22, 2009 09:57PM

Oct 22, 2009 10:22PM

>We need a hint cause it will go back up - at least to 40 cents if exxon goes for part 2

Hint one:

"The company also has a joint exploration program with MOL Hungarian Oil & Gas, in the Mako Trough of southeast Hungary. It will evaluate its findings for two to three years before deciding whether production would be commercially viable, the company said."

Hint two:

Mol’s public relations department official added: this is only a first phase of the explorations. However, they are now in the possession of the necessary technology needed for the economical extraction of the hydrocarbons.

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