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: Exxon on reliance on Unconventional

With all due respect to your and everyone’s opinion, I have never implied that Exxon will have activity in Hungary this year or the next. I’ve merely pointed out that Exxon didn’t leave Hungary, although the slide mentions 2009 acquisition, but we all know that Exxon has acquired the Hungarian acreage in 2008 and not 2009. There is just one more thing I would like to mention, the lack of announcement from Exxon stating that they have terminated the agreement with MOL.

As for Falcon’s chances for attracting new partner(s) in Hungary, I’ll remain optimistic.

Though some folks think this should be a taboo.

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