I am no Jow Gus but there is no doubt,that Gus understands more and better about what happened as we all are able to do...

The technical manager (who was transferred from the US to Budapest airport,changing to a proper SUV for him to go down to the MAKO,was not very much aware,where he was going to,in particular to an active geothermal area.This means that there are formations with heavy water contents to watch out for:

CSEM - Controlled Source Electro Magnetic .....a new tool for risk reduction

Applications: The primary application of CSEM is the identification and characterization of units that are more resistive than the surrounding rocks. Typically, a potential reservoir is identified with seismic data and CSEM used to analyze its resistivity, taking advantage of the resistivity contrast between oil- or gas-saturated rocks and those with a significant water content The transformation from resistivity to geology, and finally pore fluid content, is an interpretive process that requires careful interpretation and integration of the CSEM data with seismic data and local well control.

Either the guy didn`t know about the technique or Schlum didn`t tell him,or both didn`t apply the "required careful interpretation". (my options)

CSEM - even gives control while drilling as the tool is always located straight behind the drill bit (if applied).

Also Gus was talking about some other serious problems happened to Földeak 1.

Having MAKO 6 right next to Földeak (1/2 a mile) still good for testing between 3 and 4000 m to reach the sweet spots of the Szolnok,it was a mistake to waste 50 Million to find out about the thermal waters in their own expensive well.To use the existing site of M 6 and test the highly doubtful geothermal zone in this existing drilled well is an exploratory experiment for not more than 10 Millions to frac 4 zones without any unnecessary drilling.It does not make any sense to nobody to have two expensive wells like F 1 and M 6 within a distance of half a square mile.

US $ 100 000 000 spent on half a square mile to reach the mutual understanding and come to the conclusion that the formation is only good for geothermal energy is more than ludicrous,because every waiter in a local MAKO cafe could deliver this information for a small 100 Forint tip,having the next thermal hotel around the corner.

To be disappointed in EXXON is the only way to put it in a nutshell.EXXON failed!!

EXXON GO HOME !