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Falcon is a global energy company with projects in Hungary, Australia & South Africa

Developing large acreage positions of unconventional and conventional oil and gas resources

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lanman1

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More evidence

posted on Feb 27, 2009 03:42PM

...that MOL and Exxon have a 4th well on the go. The Foldeak-1 didn't spud until February.

In Hungary, out of the 6 wells tested in 2008, Földes-ÉK-1, Körösújfalu-3 and Dombegyház-DNy-7 wells were classified as gas producers, Sülysáp-É-1 as an oil producer and İrtilos-1 as a gas and oil producer.
Only Jászberény-Ny-4 well was qualified to be dry. There were 8 wells in drilling or testing phase. The spudding of Vízvár-S-1 and Zsáka-1 wells, and a further 3 wells drilled in Makó Basin (unconventional gas accumulation) in partnership with ExxonMobil and TXM were in progress at year-end. The Jánoshalma-D-1 well in Hungary and the Dravica-1 well in Croatia (drilled in partnership with INA) are awaiting well tests. Okány-3 well is scheduled for additional well operations (this well was deepened in partnership with Hungarian Horizon Energy).