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: Beg to disagree with a few
8
May 04, 2014 03:54PM
4
May 04, 2014 05:34PM

I think not having a revenue producing well from Hungary haunts us at Falcon.We all remember the optimistic picture that Bruner painted.I think a rapid increase in pps depends on initial horizontal well flow rates,flow decline rates, and the economics of such production.If we get a robust well without excessive decline rate, and the cost of extraction dwarfs our expenses--such success will be extrapolated across our vast acreage.If the horizontal well is disappointing--pps will not rise significantly until more positive data replaces it.

1
May 05, 2014 09:24AM
5
May 05, 2014 01:49PM
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