The UK is definitely a potential hunting ground for Falcon. The exploration for unconventional shale oil & gas is about to take off over here in a big way (North Sea oil & gas reserves are running down, nuclear power stations are being taken offline due to age and coal is being phased out for pollution reasons).

At the end of last year the UK Government gave 'fracking' the green light... and the British Geological Survey report on how much shale gas is currently sitting under the UK is set to be published in the coming weeks, supposedly it will reveal that there are far greater resources than first anticipated.

Now that Falcon has British/Irish management I very much suspect that they will be on the look out for opportunities within the UK. I recall this was mentioned in some UK media articles leading up to the company's launch on the London AIM market.

Watch this space...