".....I wonder why they cost so much. After all, originally the plan for phase 1 was to spend $50 million to test existing wells and/or drill 1 or more new wells. And even though the primary focus was on the Szolnok, the secondary focus was supposed to be on the Endrod and Basal Conglomerate. With that in mind, it seems like Exxon was planning on getting a lot more done for their $50 million than what they did...."
Thanks for your input,as most of it made me wonder too,especially the above chapter of yours.
50 million cash on hands for Földeak 1 having problems in the end to accomplish another (third) frac using the rest of the amount,makes me wonder too.Compared to Mako 6 (6000) the F 1 was just drilled to about 4000 m and should be a lot cheaper than the M 6 was.
There is still a lot I can not comprehend and I hope that the AGM will clear the clouds.