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旧 Mar 8th, 2006, 19:57     #13
wz111
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Credit to JR~EWING

**************************** FALCON OIL & GAS SUMMARY # 2 ****************************

___________________________________________________________________________

For me personally, one of the most important attributes to any company I consider investing in is the management and their past record. This is some of the information you will find on Marc Bruner.
After reading what I am about to present, I challenge you to consider looking up the current values of the companies he was involved in and/or started.

Falcon is Led by Marc A. Bruner

Falcon's Hungarian properties were identified by leading
oil and gas consulting engineer/appraiser John Gustavson
of Gustavson Associates Inc. who presented the
opportunity to seasoned oil & gas company-builder Marc
A. Bruner.

[I invite you to revisit the site.............
http://www.falconoilandgas.com/falconprofile.pdf
and once again examine the section, "PROFESSIONAL ASSESSMENTS OF POTENTIAL RESOURCES IN THE MAKO TROUGH"]

Marc A. Bruner, co-founder of Pennaco Energy (Pennaco was
acquired by Marathon Oil-NYSE: MRO), Ultra Petroleum
(AMEX: UPL), Gasco Energy (AMEX: GSX) and other
successful energy exploration & production companies.
*********************************************************************


Galaxy’s management team is responsible for some of the most successful non-conventional gas projects in North America. Galaxy’s Advisory Board Chairman, Marc A Bruner was the founder and Chairman of the Board for Ultra Petroleum; he also was the founder of Pennaco Energy which was sold to Marathon Oil for $500 millionin 2001.
Marc A. Bruner, Chairman of the Advisory Board was directly responsible for negotiating all the land packages of Ultra Petroleum in the Green River Basin of Wyoming. As past Chairman of Ultra Petroleum (UPL:AMEX) he conceived and negotiated all 37 different land contracts that have become the cornerstone of the Ultra assets from major players like Questar, Haliburton, Western, Burlington and Pacific Corp. Lou Oswald, Strategic Advisor to Galaxy along with Mr. Bruner was directly responsible for building and negotiating the entire assets of Pennaco Energy. Bruner and Oswald ultimately developed Pennaco Energyinto a $500 million company at the time it was sold to Marathon Oil in 2001

*********************************************************************


Mr. Marc Bruner, 52, was appointed to First Ecom.com's board of directors in July 2001. Mr. Bruner is Chairman of the Board of Gasco Energy, Inc., an OTCBB listed natural gas company in which First Ecom.com owns preferred stock convertible into an approximately 26% interest in Gasco, and founder in 1998 of Pannonian Energy Inc. which merged with Gasco in 2001. Previously, from 1996 to 1998, Mr. Bruner was the founding Chairman of Ultra Petroleum, a TSE and AMEX listed natural gas company. Mr. Bruner was a founder in 1998 of Pennaco Energy, Inc., a coal bed methane company, and in 1996 of RIS Resources International, a natural gas company.

*********************************************************************

Marc Bruner was and is still involved with what is now GSX.
I would imagine if you have employed a successful stratagy and business model in a simular situation such as GSX, you might just employ it again, such as in FO. The reason I say successful is because I pulled up the charts on first GASE to see where it started, and then GSX to see where it has ended up.
I resolved myself to the thinking of hopefully staying in FO for two years. I am now thinking and hoping that three might be much better. Here is why.........................

{Since the last time of this post, events have unfolded where Halliburton is now involved with Falcon along with Schlumberger who was already doing work on the Romanian play for Falcon.}

News release pertaining to Halliburton - http://www.falconoilandgas.com/releases/01-17-06.htm

News Release pertaining to Schlumberger - http://www.falconoilandgas.com/releases/9-12-05.htm

News Release on GASE provided by Rustycat

January 20, 2004

Denver-based Gasco Energy Inc. (OTCBB: GASE) said Tuesday it has signed a five-year agreement with a group of service providers for the oil and gas industry to drill up to 50 new wells on leases Gasco owns in Utah's Uinta Basin
The agreement calls for the service providers, which include Schlumberger Oilfield Services, to invest in drilling wells by providing services, such as a drilling rig and crew, and be paid back if the well strikes natural gas. The payment would be proportionate to the amount the companies invested, said Mike Decker, chief operating officer for Gasco.
A committee chaired by Decker will decide which locations on the company's leases should be drilled. The company has an interest in 119,000 gross acres in the basin.
Using Gasco's current estimated cost of $2 million per completed well, a bundle will represent approximately $20 million of development activity.
"While we have an abundance of drill sites in gas-rich basins, we have been short on the resources needed to work our properties," Mark Erickson, Gasco CEO and president, said in a statement. "Today, Gasco announces an agreement with leaders in their respective industry niches to accelerate development of Gasco's Riverbend acreage. This agreement is particularly pertinent because it makes available the equipment and technical expertise to help further refine the engineering and geologic premises that we believe will best unlock the Uinta Basin's tight gas sands."


© 2004 American City Business Journals Inc. Add RSS Headlines
_____________________________________________________________________

GSX 3 YEAR CHART - GASE BECAME GSX


_____________________________________________________________________

So if you take the low on GASE at about $0.50 three years ago, and you take into account the approx. high on what is now GSX which is about $7.80-$7.90 that comes to about a 1,300% increase in three years.

Here`s to possibilities. Cheers.
________________________________________________________________________________

FALCON OIL & GAS MANAGEMENT

Marc A. Bruner C President, Chief Executive Officer and Chairman of the Board

Mr. Bruner serves as President, Chief Executive Officer and Chairman of Falcon Oil and Gas Ltd. (TSXV: FO). Marc has a strong track record of founding and developing unconventional energy companies. Mr. Bruner was a co-founder and is the current Chairman of Gasco Energy, Inc. (AMEX: GSX). Previously, Mr. Bruner was a founder and was the Chairman of Ultra Petroleum Corporation (AMEX: UPL). Mr. Bruner also co-founded Pennaco Energy, Inc., which was acquired by Marathon Oil (NYSE: MRO) in 2001. Along with his other extensive business interests, Mr. Bruner is also the Managing Director of the MAB Companies, an umbrella organization that is launching a global strategy for the exploration and development of unconventional oil and gas resources.

Evan L. Wasoff - Chief Financial Officer of Falcon Oil & Gas Ltd.

Mr. Wasoff is Chief Financial Officer of Falcon Oil & Gas Ltd. Evan has over 25 years of experience as a Certified Public Accountant. In 1985, he founded Wheeler Wasoff, P.C., a Denver, Colorado CPA firm specializing in companies filing with the U.S. Securities and Exchange Commission. Mr. Wasoff has been a consultant to Chartered Accounting firms in Calgary, Alberta, and Vancouver, British Columbia in securities matters and financial reporting issues in Canada and the United States. Prior to forming Wheeler Wasoff, P.C., he was a member of the audit staffs of Pannell, Kerr, Forster & Co. and Price Waterhouse. Mr. Wasoff holds an MBA in Finance from the University of Colorado and a BS in Accounting from the State University of New York at Albany. He is a licensed CPA in Colorado and a member of the American Institute of Certified Public Accountants and the Colorado Society of Certified Public Accountants, and is a member of the Board of Directors of Aloak Corp., a TSXV listed company.

Christian Russenberger - Corporate Secretary for Falcon Oil & Gas Ltd.

Mr. Russenberger serves Falcon as Corporate Secretary. Mr. Russenberger is an international business consultant and a director of the privately held Mobility Carharing Schweiz. Mr. Russenberger previously served as a manager in the private banking division of Finter Bank Zurich and as a Research Analyst and Asset Manager for Finter Bank and Bank Leu of Zurich. Switzerland.

Dr. James M. Edwards C Vice President, Exploration and Operations

Dr. Edwards directs Falcon’s exploration activities in Hungary and Romania. He is also responsible for managing the operations personnel. James is a seasoned veteran and has been actively involved in international oil and gas exploration and exploitation for more than 27 years. He has participated in oil and gas discoveries in Australia, Colombia, Equatorial Guinea, France, Norway, Trinidad, Thailand, the United Kingdom and the United States. Previously, Dr. Edwards worked as the Chief Geologist for Triton Energy Corporation, which was acquired by Amerada Hess for $3.2 billion. Dr. Edwards holds advanced degrees in geology, including a Ph.D. from Rice University.
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