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: Who Owns What
2
Mar 08, 2010 10:44PM
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Mar 09, 2010 12:10AM

I believe that there is minimal liquidation value for a non producing asset.This will not be relevant as testing of Shenandoah well will occur. Total amount required is only 5-7 million--if PP inadequate, debt or equity financiing will provde such a minimal amount. Of course larger issues remain--JV agreements, commerciality etc---one step at a time. By year end we will have many answers and I believe the story will be a positive one. Obviously still very speculative.

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Mar 09, 2010 08:03PM
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Mar 09, 2010 09:32PM
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Mar 10, 2010 07:56AM
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