Falcon Oil and Gas Ltd.

So you can figure how Falcon managed to drill 6 wells and cover all the other expenses.

Even some of their wells were drilled down to 6000 Meter,which is considered to be much more expensive also.

In terms of cost cutting drilling should be much cheaper in 2010 compared to the very beginning in 2005,especially ment by unconventional resources.

For the time being it looks like drilling became more expensive compared to the expenditure of Földeak 1. By way of comparison with the nearby MAKO 6 one could come to the conclusion that Falcon had to spend at least 75 Million to frac and test at those temperatures and pressures discovered a few years ago.