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STRATEGY

 

OPPORTUNITY

The development of new technology in oil and gas exploration over the last twenty years has allowed the industry the opportunity of drilling and developing unconventional resource plays in the US, which until then the industry had been unable to develop.

 

AVAILABILITY

The result of low commodity price has caused exploration budgets throughout the industry to be cut back dramatically, preventing producers from developing proven areas. 

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FOCUS

Prairie Falcon at this time is focusing on the North Texas Barnett Shale and Appalachian Basin to establish assets in these proven areas while commodity prices and development costs are low.