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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Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Sincerely,

George et al

Message: The Falcon play

Australia: Energy Sector Update: December 2013 edition

Last Updated: 24 December 2013

According to the Australian Financial Review, Japan's Inpex is seeking shale gas acreage in the Northern Territory, particularly in the Beetaloo Basin, and is considering buying into an exploration venture. Reportedly, global energy company Falcon Oil & Gas could be a potential partner for Inpex after American-based oil company Hess Corporation abandoned a partnership with Falcon in June 2013. The report also noted that independent exploration and production company Pangaea Resources also holds permits in the Beetaloo Basin, while ASX-listed Santos, ASX-listed Armour Energy and Norwegian multinational oil and gas company Statoil all hold permits in the nearby McArthur and Georgina Basins.

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