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Falcon Natural Gas Corp. Signs Non Binding LOI with Blue Ridge Group, Inc. and Bayou City Exploration, Inc. to Purchase Working Interest in Six New Prospects.

Publication: Business Wire
Publication Date: 30-SEP-05
Format: Online
Delivery: Immediate Online Access

Article Excerpt
HOUSTON -- Falcon Natural Gas Corp. (OTCBB:FNGC), announced today that the Company has signed non binding letters of intent (LOI) with Blue Ridge Group, Inc. (BRG) and Bayou City Exploration, Inc. (OTCBB: BYCX) (BCE) to purchase working interest in one of BRG's and five of BCE's oil and gas prospects.

According to the non binding letters of intent with BRG, Falcon will purchase 12.5% of the working interest of Prospect 107 located in Beauregard Parish Louisiana...

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