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: PHUN selling or someone else - Lanman
1
Feb 12, 2009 06:17AM
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Feb 12, 2009 05:11PM
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Feb 13, 2009 06:44AM
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Feb 13, 2009 07:44AM
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Feb 13, 2009 08:28AM

>I am not sure of Falcon's rights and options if they go under

The documents don't go into any specifics about that situation, other than this:

"one of Falcon’s remedies in the event of our default is for us to relinquish operatorship on our Beetaloo Basin Project."

and

"The note is also secured by our five wells on the Buckskin Mesa property."













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