Falcon Oil and Gas Ltd.

Yes, I understand your point regarding the risks. However, this is the nature of the this industry "exploration -up stream", and that is why this type of investment is called "high risk/high rewards".

The fields in AU and SA are much more promising compare with the Hungary's , that is why almost all major players have invested in those fields.

You have underestimated the power of $$$ in domesticating the regulations and laws of the countries ; this has happened before everywhere, including US and Canada, and SA is not an exception.

They have realised they have potentially a huge wealth undergroubd and it could be a game changer for their economy, so that why they are updating their regulations.

GLTA