There are some interesting points in Dr.Szabó's statements that's worthy of scrutiny.
“The basic methods used were established in the USA many years ago, and a third of gas production in North America is based on the technology. However, we have adapted the techniques according to the local conditions to increase the efficiency of draining the deposits of thick gas.”
He does sounds quite confident about those 'techniques', doesn't he?
Falcon recently announced that ExxonMobil, as the operator, has started the drilling operations in the Joint Venture area at the beginning of 2009, with the purpose of testing the hydrocarbon potential of the Szolnok formation as part of the initial work programme in the PDA area. This well is located approximately 1,000 meters from the Makó 6 well. TXM will be very busy over the next two years in recovering the gas from the Makó Trough site on a commercial basis.
This statement also exudes confidence that the Földeák-1 well will be commercially viable.
In the meantime, the company will be searching for other potential oil and gas reservoirs in Hungary and also, as DrSzabó explains, “we shall be focusing on exploration of the Pannonian (Carpathian) Basin, a topographically discrete region of central Europe encompassing parts of several other countries, including Serbia, Croatia and Bosnia, where we have obtained encouraging signs of more deposits of fossil fuels.”
This is interesting, but I rather have them crack the Makó Trough first :)