How good is this Falcon stuff at finding oil and gas ??? We are about to find out. BHP's Falcon Technology has been successful for minerals. GOP's CEO Cathy Norman is/has been developing it for Oil & Gas The Sun Herald article explains
Suggest looking at page three
GOP has already flown the biggest Falcon survey ever undertaken -- 24,000km -- in waters off Jamaica. The company is analysing the data, but Norman promises "an immense number of prospects". The Falcon technology also opened doors to Kenya, where the company has farmed into an offshore block with ASX-listed Pancontinental Oil and Gas. In Kenya, GOP has Woodside Petroleum and Origin Energy as neighbours, with Woodside set to spend more than $100 million on two exploration wells over the next few months."There's no way the Kenyan Government would have looked at a $20 million company .
GOP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
