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It is located adjacent to CanCambrias existing Ba-IX mining license (32,500 acres), creating a consolidated, contiguous position within the Pannonian Basin, a mature and historically productive region in southern Hungary. billion cubic meters of natural gas, was brought to the surface from Hungarian fields.”
The signing formally initiates a four-year exploration period. This basin adds several new exploration targets to the portfolio, with the potential to hold several undiscovered hydrocarbon accumulations of potential scale. is a Canadian-based exploration and production company specializing in tight gas development.
is a Canadian-based exploration and production company specializing in tight gas development. 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.
is a Canadian-based exploration and production company specializing in tight gas development. 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.
is a Canadian-based exploration and production company specializing in tight gas development. 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.
The companys 2023/24 proprietary 3D seismic program was fully utilized in the preparation of the report and integrates three legacy wells; the dataset provides open-hole logs, core and gas test/production data. billion cubic feet (BCF) natural gas and 66.5 The complete resource evaluation can be downloaded from SEDAR+.
“They also include agreements for BP to access to two new exploration and development licenses and introduce a new partner to accelerate exploration on a third,” the company added. billion and that the company operates the Shah Deniz gas field with a 29.999 percent participating interest.
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