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: Wall Street Pit

>Yes of course, but the research is not as advanced as in the Mako trough. So let's not assume that Exxon has higher priority on the other properties.

I don't think there are any "other properties" for Exxon in Hungary other than the Mako Trough. In their original "Unconventional Presentation" they showed the Bekes Basin with a circle around it, and it said the JV with Exxon was "Optional". In very small print at the bottom it said "Subject to MOL's decision"

In later presentations, the same area is now shown as "MOL Exploration Project". No more mention of Exxon in the Bekes. There has never been any mention of Exxon being involved in any of the other basins.

Share
New Message
Please login to post a reply