Frankly, I’m surprised that no one has a comment about this snippet from ING analyst Tamas Pletser’s recommendations.
Go figure.
http://portfolio.hu/en/cikkek.tdp?k=1&i=19388
MOL has some promising E&P developments, Pletser said, adding that the company’s Iraqi projects could be key drivers in the future.
"MOL has several growth opportunities in the upstream area: the first jump in production could arrive in 2011-12 from INA’s Syrian and offshore-Croatian gas efforts. Iraqi developments and unconventional Hungarian gas could kick in from 2014 and may provide additional growth."