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: Barclays Capital Energy & Power Conference

Barclays Capital Energy & Power Conference

posted on Sep 17, 2009 07:28PM

"I would like to now take you to an update on some of our key 2009 activities. Consistent with the quality of our expanded acreage position, we are increasing the activity to evaluate these new opportunities. We expect to participate in at least 50 new wildcats by the end of next year. About a dozen of these wildcats will evaluate new plays or basins which have significant resource potential They are very high potential, but also high risk.
We are pleased with the breadth, quality, and exposure to significant high potential resources that this program is going to deliver."

Mark Albers, Senior VP of ExxonMobil, at the Sept 9th Barclays Capital Energy & Power Conference. The slide at the time was a world map that included a big star on top of Hungary.

And it was him that emphasized the word significant, not me :)

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