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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solyomtwo

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.The Natural Gas Shopping Spree Quickens

posted on Mar 11, 2010 11:06AM

March 9, 2010, 11:43 AM GMT

The Natural Gas Shopping Spree Quickens

http://blogs.wsj.com/source/2010/03/09/the-natural-gas-shopping-spree-quickens/

"Finally, unconventional gas is one of the few new resources that is actually open to the major oil companies. They are largely shut out of the greatest prizes in the Middle East and have missed the boat in up and coming oil provinces like offshore Brazil or Ghana. The largest unconventional gas resources are located in areas that are open for business–North America, Australia and possibly Latin American and Europe. They may be less profitable than a big new oil discovery, but nevertheless are tempting targets for companies struggling to maintain their resource base.