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旧 Mar 8th, 2006, 20:00     #21
wz111
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**************************** FALCON OIL & GAS SUMMARY # 4 ****************************


From Streetinvesting.com

Falcon’s expertise includes some of the world’s top oil and gas experts with several decades of highly successful unconventional and conventional natural gas drilling, development and production in North America. They are the first North American company to bring unconventional drilling and extraction technologies (developed in the tight gas sands of the U.S. Rocky Mountain region) to Europe. Falcon’s core global operations are focused in countries characterized by stable political leadership, a healthy, growing economy, a high regional demand for energy and an existing pipeline infrastructure that permits rapid delivery of oil and gas to market - a huge advantage over many other oil and gas companies. With the demand of oil and gas, Falcon’s progress could lead to another steady climb in share value.

Their announcement last month about the results of their property in Romania is just another stepping-stone for their success. It’s a bull market out there and energy resource companies are the reason why. Not many people know this, but Romania has considerable oil and gas reserves and also a large scale and highly developed refining industry. Romania extracts around 6 million tonnes of oil annually and its production is about to receive a major… boost through the excavation of a recently discovered large-size oil deposit in the Black Sea that started in 1999. Overshadowed by the recent demand in Alberta’s oil sands, Falcon’s properties have potential that most Canadian investors can’t appreciate or foresee.

Its understandable why the focus has been on the Alberta Oils Sands Cit has the largest reserves in the world, next to Saudi Arabia. However, the elaborate pipeline and distribution system in Romania is very advanced and millions of dollars is currently being invested in these large-scale operations. Falcon also seems to have an edge when it comes to finding financing. They have successfully raised over $40 million in 2004 and “will carry that through 2005 and well into 2006.” What does this mean for Falcon? Well, with so many established junior companies being eclipsed by the larger companies, Falcon’s financial resource will make sure that they here to stay.

With their last operational update and drill results a month behind, Streetinvesting.com will definitely be watching this company in both the short and long-term as we feel that its upside potential could grow even stronger.

Editor-in-Chief,
Streetinvesting.com
___________________________________________________________________________

ROB-TV COMMENTS PERTAINING TO FALCON OIL & GAS

Bill Harris, Partner & Portfolio Manager of Avenue Investment Management, featured Falcon on ROBtv as one of his picks. The below link will allow you to see this featured clip:

http://www.robtv.com/servlet/HTMLTemplate/!robVideo/robtv0726.20050810.00031000-00031553-clip2/h/220asf///
___________________________________________________________________________

MARKET CALL WITH JOSEF SCHACHTER BROADCAST

Verbatim [as close as I can]
October 7th 8:00pm

Caller:
Thank you for taking my call. Mr. Schachter, I am calling concerning Falcon Oil & Gas on the Venture Exchange. It had a nice little bounce today and I am holding it. And, can you give me some background and, if you hold it. Thank you very much.

Josef Schachter:
Ok Rose, I just met with management today so your timing was perfect. They were in Calgary. The stock was up 12 cents today to 65 cents. A dollar has been the 52 week high. This is a story where the company has a very good skill set on the team in the United States with something that we now call Tight Gas. Which is gas that has to be, it`s in a tight formation and needs fracking to allow it to be released and to produce. We know about Encana being such a big player in that business in North America.

This management team is now taking the play to Hungary and they found a very large resource, ah, a very large play there that their starting to drill in I think November. They got two rigs coming in to drill two wells. They should be down to a depth at the end of the year where they will know if there`s gas kicks in, if its successful.
The management has a significant ownership in the story. The stocks gone from 30 cents just about a month ago. So my recommendation would be that you may want to wait for a cool off to be a buyer. If you own it already, I would be patient with it.

The size of the prize is very material. There could be 4 TCF of gas which could imply a multi-dollar value. But again, this is high risk, but they do have a portfolio approach both in Hungary and in Romania for CBM which is coal bed methane. So again, it`s a business risk oriented investment. We are going to do more homework on it. We do not cover it officially but we met with management today and it does look like an intriguing story.

Howard Green:
Do you have a position in it?

Josef Schachter:
No we do not, no. We just met them today and we want to do our homework first before we make that decision.





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