Falcon Oil and Gas (FOLGF)

[Ag Boy]

Tsoprano you must have one big blow hole to produce more gas than the Shenandoah-1 well.

The Shenandoah-1 was a vertical hole well drilled by Sweetpea in 2007. The well was deepened by Falcon Australia in 2009 to finish at 2,714 metres. It was re-entered in Q3 2011 and five short tests were conducted including several fracing operations. Gas was recovered from three zones with some liquids.

IMO South Africa Karoo Basin will get action this year due to the Chevron Connection who has been operating in South Africa with great political connections. SA needs the economic benefits of producing this resource. Fracing maybe accomplished by utilizing waterless Gasfrac. Gasfrac is an interesting company for the future.

Current increasing trading volume should proceed the expected price rise that should come with an announce farm in agreement imho.