Dennis Beaudet
Long only

Falcon Oil & Gas: Big Acreage, Big Partners, Big Rewards

Some vivid Australian Outback images come to mind when you think of the huge Falcon Oil & Gas (OTCPK:FOLGF) (and FO.V on the Canadian Venture Exchange) Beetaloo Basin in North Central Australia. The Men-at-Work single "Down Under" was released as part of the 1981 album "Business As Usual." But nothing could have been further from business as usual for Falcon on July 1st, 2013 when Falcon incredibly decided to reject a late request by their multi-billion dollar partners-to-be, Hess Corporation (NYSE:HES) to defer the election date to farm into their acreage after they spent a cool $100 million to earn the right to farm-in. Intriguingly the share price dropped from 24 cents...

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