The Hódmezővásárhely-1 well at the Bodzási út, outside the city was completed this spring. There is an intensive work activity around the Hód-1 well, preparation for well-testing begin. At the moment equipments are being deployed for well completion and testing. The process requires about 45 days.

Just a quick question to find out if the HOD 1 well is expected to test the Sloznok as well as the deeper regions or is the Sloznok not part of the MOL/Exxon well test? The reason I am asking is to be prepared for less than stellar results if the Sloznok is not part of their initial testing. Exxon won't be moving the test equipment over to Foldeak 1 well until after the fraccing equipment has finished at the HOD 1 and we could see some negative market reaction if their are no results from the Sloznok on the HOD 1 test. Regards Paul