Falcon Oil & Gas Ltd.
Falcon Oil & Gas has spread its wings and focused its energy on searching for oil and gas. Falcon Oil & Gas Ltd. operates in Romania (through JVX Exploration) where Falcon Oil & Gas Ltd. has the right to explore and drill wells on property that covers 575,260 acres and is adjacent to Hungary's two largest oil fields. Falcon Oil & Gas Ltd. licenses are in south-central Hungary near the town of Szolnok. Falcon operates in Hungary (through TXM Oil and Gas Exploration) where it is focusing on an underground geologic formation called the Mako Trough. Falcon Oil & Gas also holds interests in four non-producing properties in Alberta, Canada.