Replies to post #75 on Falcon Natural Gas (fka FNGC)

[EnergyGuy62]

You'd better believe they're getting paid! :-)))

What happens in a situation like this where an oil well hasn't settled down completely is the partners get a storage tank and pump the oil into it. Then they call a tanker truckng company which sends out a truck to their tank and they pump the oil out of the tank into the truck and, depending on the grade or API of the oil they will get a receipt noting all the details and then get paid some time later on...usually at a price that's less than if it was hooked up to a pipeline.

is there a pipeline they can hook up to? Let's call IR and find out.

But I can tell you this. in Falcon's Investor's Kit, Fred Zaziski the Falcon Prez is always stressing "infrastructure...Infrastructure...infrastructure" meaning, among other things, pipelines...pipelines...pipelines.

From all that I can read about Falcon's various projects, Freddie Z. is a good, capable, effective leader.

[tedwitt]

Their not flushing it down the drain. But really when flow testing, small chokes are used and the flow is none at several pressures for varous periods of time. Not a huge amount of oil is being produced when testing.

[tedwitt]

PS sorry in prev post "none" should read "one" and according to then they will own 75% of Hollands. Yes they get paid