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Falcon Oil & Gas Ltd V.FO

Alternate Symbol(s):  FOLGF

Falcon Oil & Gas Ltd. is an international oil and gas company. The Company is engaged in the exploration and development of unconventional oil and gas assets, with the portfolio focused in Australia, South Africa and Hungary. Its principal interest is located in two underexplored basins in Australia and South Africa, with further interest in Hungary, covering over 12.3 million gross acres. Its Beetaloo Sub-basin project is located in the Northern Territory, over 600 kilometers south of Darwin. The Company holds a Technical Cooperation Permit, covering an area of over 30,327 square kilometers in the southwest Karoo Basin, South Africa. The Karoo Basin contains thick, organic rich shales, such as the permain whitehill formation representing the focus of shale gas permit applications. Its Mako Production License (Mako Trough) is a sedimentary basin located in south-eastern Hungary in the mature Pannonian basin. Mako Trough includes two plays: Mako Shallow Play and Mako Deep Play.


TSXV:FO - Post by User

Bullboard Posts
Post by Flowgoon Jun 04, 2006 5:25am
402 Views
Post# 10943082

Gas in the Hole

Gas in the HoleExceptional post Sir Hawk, our numbers are strong and proud, the depth is significant and is gaining momentum. The annoyances that have cluttered the board are merely a flash on the horizon. I had my secretary file several of the dimwits in our ignore bin, I suggest our ranks do the same. To battle them in stupidity only gives them attention and distracts from the real knowledge that lays in our collective minds. Some men will wash the residue from dirty dishes for the rest of their lives, others will spread ideologies and knowledge for the good of his fellow man. There is a wealth of knowledge that has gathered in this internet place, do not allow yourselves to drift from the issues of wealth. Shall we reflect on what we have learned from our cyber platform? What have we learned about tight gas? BCGAs? HTHP Wells? Fracturing Techniques? Multi Zone Fracing? Payzones? Drilling Operations? Reserve Estimations? The European Union? The EU and Russian Gas Distribution Networks? Ultra Petroleum and other tight gas plays? And in a final retrospect.... The entire process of proving up world class natural gas reserves? World Class Natural Gas Reserves. Gentlemen, Ladies, and our current and future blood lines pay attention now, this is where it gets very interesting. The Major General has been extremely busy with on the ground tasks at hand. I apologize for being unavailable for input into the present state of affairs of our investment strategies. However, it is very pleasing to see plenty of valuable input coming from very intelligent people from around the globe. In regard to flow rates, our intelligence reports indicate that they will be exceptional to say the least. If a 16 pound mud weight can not limit free flowing gas while drilling, the potential of these wells after multi zone frac work has been performed will shock even the most positive of investors. I work with a number of industry experts, and upon discussion of Falcon's payzones, there is pure, expected astonishment. Falcon has disclosed recording 1000 meters of gross pay intervals, and 600 meter net tight sand payzones. I wish to stress that ten meters of pay is highly productive in most instances. There is gas in these holes, an excessive amount of gas, and the world is shortly going to learn just how much. These wells were not drilled dry, the step outs have proved up continuous formations within the land base at a rough distance of FORTY FIVE kilometers. The porosity is higher than Ultra's, and there are no water shows. Our present share price decline from $7 is based mostly on lower volume drops. The big boys are going to drive this stock price to Mars when volumes pick up. I agree, Canaccord is a mute, and a very dumb one at that. David Pescod, you should be ashamed to even insinuate that Allan Liard was asked to step down, or replaced, or what ever view David wants to cloud the waters with. Poor choice of presenting views my friend, you have likely killed tens of millions of dollars in business for your company, and this directly impacts your companies' profits. Perhaps there is a reason MGI Securities has been strongly buying Falcon stock even with the correction it has experienced. Some players in the market conduct the orchestra, others merely blow a horn. I look forward to a strong week upcoming, it appears that many houses are going to be chasing the uptick. Good luck everyone except the non-believers. Major General FO Flow ^***^ Central Command ^***^ Hungarian Exploitation Division
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