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: Hey folks.. - Deep gas assets

Oct 27, 2009 01:57PM

Oct 27, 2009 03:01PM

With the addition of the Karoo deep gas to the Beetaloo and Makoo (sorry couldn't help myself) deep gas assets, this is now the only play in the world where you can buy up to 1 TCF of gas for only about $200,000. at today's prices. The only small down side to this equation is your 1 TCF of gas is a few miles under three different continents with little proof as yet that the gas can be made to flow economically. I do not think Falcon is going to zero anytime soon as their current basin centered assets indicates they are probably holding the rights to the largest natural gas resources of any independent in the world today. Regards Paul

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