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: Despite the market meltdown

Aug 12, 2010 06:31PM

Falcon is an exploration firm. Sure bets have been found already. They seek what is hard to find. There is no awful story and bankruptcy. Any time they get close and find some excellent potetial, the money will flow in.

They are in the process of developing 2 new plays. Hungary was a play, money and partnersip was put into the exploration and the net decision was to hold for now. It doesnt mean they are in trouble.

We would be in trouble if they were not taking on such risks and risky activity

Zoran

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