huge profits from ctl, page-31

This is the entity Don's mate was probably referring to from
the Hess/Falcon deal.

Unlisted TXM. Falcons 73% owned subsidiary.

(Who owns the rest ?? Might be the Australian WA Billionaire interest someone was talking about here not too long ago here)

Doesn't txm own the tenements in the Beetaloo Basin just north of us and is the entity HESS signed with?


" Dr. Gy?rgy Szab? ? CEO, TXM Exploration and Production LLC, Chairman of the Board of Directors, Falcon Oil & Gas Ltd
Dr. Szab? has been a Director of Falcon since 2006. He has also served as Consultant and Mining Bureau Registered Technical Responsible Person for Falcon?s wholly-owned subsidiary TXM Oil & Gas Exploration Kft. since 2005. Dr. Szab? is a widely recognized authority in the Hungarian and international petroleum industry. In addition to being a university professor, Dr. Szab? has overseen the design and implementation of the deepest HP-HT well ever drilled in Hungary. In 1991 he was in charge of successful fire control and well abandonment operations by Hungarian teams in Kuwait. He was instrumental in the privatization and the strategy related to the capitalization and structure of Hungary?s former National Oil Corporation (presently MOL), as well as the landmark listing of the company on domestic and international securities exchanges in 1995. Dr. Szab? graduated from Miskolc University and received a degree in petroleum engineering in 1963. He received his Ph.D. in 1975."

http://www.falconoilandgas.com/bios_mgnt.php