Re: PHUN

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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Re: PHUN

in response to

PHUN

gonoles

posted on Dec 23, 2010 08:09PM

>Two cents for a 25% stake versus 15 cents for a 75% stake is cheaper

Sounds like fuzzy logic to me.

Petrohunter does not have stake in Falcon’s 43 TCF of gas and 98 million barrel of oil resources in Hungary.

Nor will have any interest in Falcon’s unconventional play in the Karoo Basin in South Africa.