Solyomtwo, the search for energy reserves in East Europe is starting to take shape, and Mako is positioned just right, in the right market and being tested. Looking at the jump from 18 centes to 30 cents at the start of the week, it suggests that investors recognize ( and are salivating at) the potential of Mako becoming a producer area, and any good news for the markets as a whole are bound to be good news for Falcon.

KIEV, November 25 (RIA Novosti) - Ukrainian Prime Minister Yulia Tymoshenko has issued instructions for the drafting of a project to prospect for gas off the country's Black Sea coast.

"I would like us to start implementing a large-scale project, including the entire shelf, and including all the components of prospecting and production, and I ask you to launch this as a separate state program," the government press service quoted Tymoshenko as saying.