MOL Q1 results

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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MOL Q1 results

posted on May 19, 2009 02:16PM

Nothing we didn't know already, but....

We continued our exploration activity based on our strong exploration track record in recent years. Ongoing drillings are currently under testing or waiting for tests, and therefore no new classifications were made in Q1 2009. The spudding of the Vízvár-S-1 and Zsáka-1 wells, and a further three wells drilled in the Makó Basin (unconventional gas accumulation) in partnership with ExxonMobil and TXM were completed and are waiting for testing.

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