Not an financier or engineer but from what I know, a well of that depth would need a flow of a million cubic feet or better to be economic , especially for an operation outsid of north america where the operating cost will be higher (most equipment have to be imported etc). So 200,000 cubic feet is not something you can impress anyone in the industry.
Falcon's salvation may lie in other zones and maybe Australia but the road to that will be long and bumpy and most likely they will need to raise more money. Will the European gangs be willing to support Falcon all the way to Australia and to the end (of redepmtion of death of a company)?
Would appreciate some comment from theknight?
If there is any comfort anyone who suffers from Falcon, there is life beyond Falcon and money can always be made where else.
S