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: Test wells are comleted

Lakeside_Park,



Absolutely no offense taken as your reply was a much better thought out response to my every once in a while off the cuff rants. As John knows, I am in for the long haul, with a few shares that I trade around a core holding, but every once in a while get exasperated with hearing the same old same old. You brought up a very good point in that the amount of equipment needed to complete is massive as the pictures from the Mako 6?? showed all the fracing, pumping and snubbing equipment is huge. It would certainly make sense to have more than one well to complete before bringing all that expensive equipment back into Hungary. I just hope they don't decide to wait until 5 or 6 are drilled before they decide to bring all that expensive equipment in for the tests.



On a separate note, today's press release certainly looks like the BOD for Falcon has a firm hand on their side deal with PHUN. From first glance it seems to put Falcon even further into the drivers seat if PHUN isn't able to repay their bridge loan and possibly changes the Beeteloo deal to more stock and less cash which sounds better to me, with Falcon having the control over development??

Regards Paul

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