查看单个帖子
旧 Mar 8th, 2006, 19:59     #20
wz111
Senior Member
级别:3 | 在线时长:26小时 | 升级还需:6小时级别:3 | 在线时长:26小时 | 升级还需:6小时级别:3 | 在线时长:26小时 | 升级还需:6小时
 
注册日期: Sep 2005
帖子: 363
精华:1
wz111 has a reputation beyond reputewz111 has a reputation beyond reputewz111 has a reputation beyond reputewz111 has a reputation beyond reputewz111 has a reputation beyond reputewz111 has a reputation beyond reputewz111 has a reputation beyond reputewz111 has a reputation beyond reputewz111 has a reputation beyond reputewz111 has a reputation beyond reputewz111 has a reputation beyond repute
默认

*************************** FALCON OIL & GAS SUMMARY # 3 *****************************

OUTSTANDING SHARES
I think you will find the most common question whenever someone posts for the first time about Falcon is a question about the outstanding shares. I will try my best to break it down as best I can...........
The actual numbers of all shares are as follows.......

SHARES OUT - - - - - - 312,121,063
OPTIONS MANAGEMENT - - 24,500,000
BROKER WARRENTS - - - - 16,500,000
FULLY DILUTED SHARES - 353,121,063

Now out of the 353,121,063 fully diluted shares, 140,000,000 of those shares are held in escrow.

What we recieved because of the fully diluted amount of shares is

$49,500,000 Canadian to fund Falcon`s operations.

All of this information you can find at this link. You might have to cut and paste the link into your address bar...................

http://www.falconoilandgas.com/falconprofile.pdf

You will find these figures are re-enforced and corroborated in Falcon`s Sedar Filings.
___________________________________________________________________________

CURRENT UPDATES ON SHARES AND FINANCING

On 2/20/2006, Falcon Oil and Gas had a press release that it has filed a preliminary short form prospectus in connection with a "reasonable commercial efforts" offering of common shares in the capital of the Company.

http://www.stockhouse.ca/news/news.a...443151&tick=FO

-----------------------------------------------------------------------------------------------------------------------------------

On 2/06/2006 Falcon Oil and Gas had a press release that announced it has entered into a non-binding letter of intent for a US$250,000,000 credit facility with Macquarie Bank Limited.

http://www.falconoilandgas.com/releases/02-06-06.htm

___________________________________________________________________________

THE PRIZE...................................

This is the information of what Falcon has and is going after.....

HUNGARY

In the NI51-101 RESOURCE EVALUATION REPORT ON THE MAKÓ TROUGH PROPERTY, HUNGARY (PDF) Here is the link for you. You might have to cut and paste it into your address bar...........

http://www.falconoilandgas.com/Falcon_Final_report.pdf

It states on page 3-5 the estimated prospective resources for the Mako and Tisza licenses are as follows,

LOW ESTIMATE - 4.1 TCF
BEST ESTIMATE - 11.7 TCF
HIGH ESTIMATE - 27.1 TCF

___________________________________________________________________________

ROMANIA

On the Falcon Oil & Gas website in the projects section under Romania, here is the link.................

http://www.falconoilandgas.com/romania.php

It states, "The prospect is large, with a gross acreage of
approximately 21,500 acres (34 sections)
and a potential gas resource estimated to be in the order of 450 Billion cubic feet"
___________________________________________________________________________


So with this in mind, Josef Schachter, a well respected analyist said and I quote.....

"The size of the prize is very material. There could be 4 TCF of gas which could imply a multi-dollar value."

Never mind the fact that 4 TCF is the LOW ESTIMATE for the Hungarian play. The BEST ESTIMATE is 11.7 TCF with a HIGH ESTIMATE of 27.1 TCF

These are not numbers that have been pulled out of thin air. These numbers come from the NI51-101 RESOURCE EVALUATION REPORT ON THE MAKÓ TROUGH PROPERTY, which has some of the most strict guidelines in the world.

I was involved in another exploration play. That stock got hammered by the strict guidelines of NI51-101. So I pay close attention whenever that criteria is used. And with the strict criteria of the NI51-101, I am very happy to say we are looking at multible TCFs.
___________________________________________________________________________


**************************************** MUST READ ****************************************

National Instrument 51-101 C Standards of Disclosure for Oil and Gas Activities

http://www.deloitte.com/dtt/article/...D81477,00.html
wz111 当前离线  
回复时引用此帖