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: Yet another shale gas story
5
Oct 15, 2009 07:23PM

I would say you are looking at 3-5 years before any of those new shale plays become a reality. Falcon started exploring the Makó trough in 2004, and it was in 2008 when Exxon signed on as a JV partner. To put it another way, it took 4 years to make the Makó trough into a contender.

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