Santos has acquired properties to the Northeast of the Falcon holdings and Paltar has properties to the West of Falcon holdings. You can find more details on either of their websites or from the Northern Territory exploration maps. It would appear that the Santos properties may have more obvious potential than the Paltar lands - as I believe one of the old Pacific Oil and Gas test wells, before unconventional wells were even considered possible, was on the Santos holdings. The majority of the Pacific Oil and Gas test wells were on Falcon holdings, and the majority of the Beetaloo Basin is still in Falcon's control - so any drilling success by Santos would only be a positive for Falcon's permits going forward.