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Once the prospective area is fully interpreted, a resource assessment will be conducted to support the addition of new well locations to the field development plan (FDP). Initial assessments indicate the seismic amplitude features, indicative of gas-charged reservoirs, are present over 25% of the KCA in the south.
billion cubic meters of natural gas, was brought to the surface from Hungarian fields.” Leveraging industries’ most advanced technologies they aim to commercialize their flagship asset, the 100% owned Kiskunhalas Project in southern Hungary, a significant gas-condensate resource in the heart of Europe.
Receiving approval for our initial appraisal well in the field is a significant milestone for CanCambria and we are excited to be able to commence drilling in the coming months. The Company has submitted its drilling application to the Directorate for its second appraisal well, CC-Ba-E-3, and expects to receive the permit in due course.
CanCambrias Field Development Plan (FDP) comprises a total of 100 wells, with two phases each comprising 50 well tranches. Dr. Paul Clarke, CEO & President, stated: We are very pleased that this report supports CanCambrias technical assessment of the field and development plan. for un-risked case.
and EU sanctions in the event of a peace deal between Russia and Ukraine has raised the question over what happens to disputed assets that were impacted by international sanctions – both Russian assets in Europe and assets owned by international companies in Russia. The potential easing of U.S. OMV paid 1.75
billion and that the company operates the Shah Deniz gasfield with a 29.999 percent participating interest. million barrels of oil equivalent per day by 2030, “with capacity to increase further to 2035” BP pointed out in its release that the Shah Deniz Compression project is valued at $2.9
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