Re: think about
in response to
by
posted on
Oct 23, 2009 01:23PM
Developing large acreage positions of unconventional and conventional oil and gas resources
>So the only thing we know for sure at this point, is that we need to wait for another few months :)
Indeed, that's what György Volner told the Hungarian paper Delmagyar.hu
“Mol’s public relations department official added: this is only a first phase of the explorations. However, they are now in the possession of the necessary technology needed for the economical extraction of the hydrocarbons. The start of production is not dependent on this. The three companies, Exxon, Falcon Oil & Gas and MOL are treating the entire 750 square kilometres area of the Makó trough uniformly. The test-drilling areas for geological research in the trough have been divided among them, Földeák, Hódmezovásárhely and Mindszent. Therefore, decision to start production, will be made after the Exxon experts evaluated the results of these drillings. The decision expected to be ready next January.”