>And let me repeat one more time: no, Exxon is not about to quit. Phase two is a reality that will become apparent to all in the next year.

The game is far from over, it is developing, and the way in which it is happening, along with the test results at F1, fall in the realm of normal and not-unusual for this type of exploration.

Couldn't agree with you more. Interestingly, your opinion does bring to mind what György Mosonyi CEO of MOL Group said in his interview on 2009. November 13

“In connection with the non-traditional gas production in the Makó trough György Mosonyi said: the Canadian Falcon conducted its exploration in the Eastern half of the Basin, Mol only took part in the follow-up work at the company's request. Falcon’s drilling indeed was not really successful, but in the case of a non-conventional gas production experiment, it does not considered to be an unusual event.

He also added that MOL with its strategic partner Exxon is conducting explorations in the Western part of the Makó, Békés, and Derecske basins. The Hungarian company continues to be optimistic about the expected outcome. He does not draw far-reaching conclusions from the first results of Falcon, and the work continues as planned, and as in the past, shall continue carefully consider the outlook on its future. If it was not the case, it would be detrimental to his credibility.”

http://www.privatbankar.hu/cikk/befektetes/megerosites_es_cafolat_igy_tervez_a_mol_33032