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

Free
Message: Re: Analyst Update

Nov 04, 2009 12:57PM

>Wrote to an analyst to get his view on Falcon

Maybe you should write him back and tell him to do a little more homework!

"The recent reaction to the capping of the Foldeak-1 well and the conclusion of the development agreement with ExxonMobil, was a dramatic sell off."

The development has not 'concluded'. They have reached the end of part 1 of 3 parts.

"Exxon Mobil had gone the distance but decided to conclude their involvement"

No, they finished phase 1 and now have up to 4 months to decide if they want to proceed to phase 2.


Nov 04, 2009 06:18PM
5
Nov 04, 2009 06:28PM

Nov 04, 2009 09:35PM

Nov 04, 2009 10:59PM
Share
New Message
Please login to post a reply