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: Beetaloo farm out deal closed
7
Aug 21, 2014 03:37AM

http://www.proactiveinvestors.co.uk/companies/news/71515/falcon-oil-gass-farm-out-strategy-vindicated-as-beetaloo-deal-completes-71515.html

Halfway down in the above piece (and all the other news stories from today) it says

“Falcon investors can now gain exposure to a visible, funded work programme with drilling expected to start by mid-2015.”

yet in Philip's direct quote he says

"We look forward to the immediate commencement of the nine well exploration and appraisal program"

So the big question is whether by "immediate commencement" he just means all the boring stuff that has no impact on the SP or whether they're actually going to drill this year. I know the rainy season starts in October so time is tight.

Anyone care to speculate what "immediate commencement" is intended to convey?

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