Falcon Oil and Gas Ltd.

With a few exceptions, to the many of you, Bruner’s demise is a foregone conclusion. Wishful thinking won’t make it happen so. I think it would be more sensible to put this issue into the ‘pending’ file, and wait for the outcome of this special meeting on December 22nd. While we are at it, we should do the same with respect to Exxon’s decision on Phase-2, wait for their announcement on February 28, 2010.

For the record on the later, I firmly believe Exxon will be the operator in the Mako trough.