Re: Am I a fool to believe? / Deal
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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
Message: Re: Am I a fool to believe? / Deal
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Well here is an extract of the news release from the Budapest Daily Journal
ExxonMobil recommends abandoning Hungary exploration
Friday 16:03, October 9th, 2009
Denver-based Falcon Oil and Gas on Thursday said ExxonMobil had recommended abandoning an exploration and production program both companies share in Hungary's Makó Trough, but Falcon believes tests to date do not represent a complete evaluation of the potential of the site.
So we now have three versions
1.Suspending
2.Ceasing
3.Abandoning
I agree with your point as ceasing and abandoning concur more than Suspending.
However if we read Mol's release today, I interpret it more as suspending .... Just semantics in the end ¨!
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