Thanks John. And not just for this one, but once again for all of the work you've done in the past as well.

>They have invested into the success of an enterprise that is more than 7000 kilometers away in Europe in the Carpathian basin,

"Carpathian Basin" is the same as the "Pannonian Basin"

The term Carpathian Basin (named like this because of the long Carpathian border) has been translated from Hungarian literature, while the South Slavic languages (Serbian, Croatian, Bosnian, Slovenian and Macedonian), as well as Slovak and German, use the corresponding terms of Pannonian Basin.[1] In English, both names can be used.

>To learn more about the state of the on going exploration than the official information released by Falcon, the investors join in an internet forum to discuss all sorts of intelligence gathered about this operation in Hungary.

I wonder which board he is talking about :) Too bad he didn't provide a link.

>From time to time, they have gathered information from the delmagyar.hu. The forum moderator John Szekeres translated articles that appeared in the delmagyar.hu to English.

I'm starting to think he's talking about this board.

>He has been questioning why the Hungarian media consistently writes that the gas in the Mako trough can be found in the depths of six kilometers.

That's a good question. Too bad he didn't try and answer it though.

>Szabó György TXM’s CEO in his reply to our question said, that he did not think it was significant news that they started the exploration with reworking an older well. That is what happened.

I think Dr. Szabo told him a white lie. The Foldeak-1 is certainly not an old well that is being reworked. Dr. Szabo was probably not allowed to contact Delmagyar and is just making an excuse.

>We also learned - and not from Szabó – that MOL started exploring 1500 meters from highway 47 at Kopáncs.

Interesting....Well #4?

>Similarly, like the small investors, Szabó György also interested in all information pertaining to this investment.

Good for him. Nice to know Dr. Szabo attends these sort of meetings to make sure the information is accurate.

>The CEO also said, the expected production in 2012 by the North-American investors is realistic, and it will materialize.

Dr. Szabo always sounds so confident doesn't he?

>According to the Hungarian media, that last wish is only a pipedream, the Country’s gas demand is 14-15 billion cubic meters, and the production from 2012 onward would be about 10 billion cubic meters.

He spelled pipedream wrong :)

>the gas temperature is 200 Celsius when it comes to the surface.

This is a huge problem in the Gulf of Mexico deep wells also...in fact it's even more of a problem there since before it hits the surface, it hits the casing that is being cooled by the surrounding water. The sudden change in temperature causes all sorts of problems.