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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (108195)6/27/2007 10:29:04 AM
From: Pogeu Mahone  Read Replies (1) of 132070
 
Falcon crashing on this:

Falcon Oil & Gas hires BMO to look for partners
2007-06-27 09:45 ET - News Release

Mr. Marc Bruner reports

FALCON ANNOUNCES SEARCH FOR STRATEGIC PARTNERS

Falcon Oil & Gas Ltd. has retained BMO Capital Markets as its exclusive financial adviser to help identify potential strategic partners. Falcon will focus on companies which can add value to the company's oil and gas project in Hungary by contributing to the technical understanding of the assets, accelerating development, securing services required for commercial production of oil and gas, and/or granting access to high-value end markets.

Falcon president, chairman and chief executive officer Marc A. Bruner stated: "Today's announcement is part of the company's long-term plan and commitment to prepare for large-scale drilling and development on our 245,000-acre production licence, and reflects our focus on laying the foundation to move beyond exploration to production. Falcon's short-term goals and strategy have not changed. We will determine the most appropriate course of action as we continue to evaluate our results in the field over the next several weeks and months, as we work to take appropriate steps to address the commercial development phase."

We seek Safe Harbor.
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