Re: Falcon -Hungary Drilling - Contract With NIS Extended - oilmaninvestor
posted on
Jul 16, 2014 01:01PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Not only will there be allot high probability targets in the deep Mako oilmaninvestor, but also your key guy, Dr. Greg, will be leading the Hungarian team that works closely with NIS. I think that NIS has decided that they should be studying all the data on the deep Mako, with Dr. Greg's assistance, but there won't be any announcement of a deep Mako target until they have completed a thorough review of the Mako 4 and Mako 7 wells, and how best to test what is there. That could entail a slightly lesser cost reopening of one of the existing wells and fracking the Sloznok, or possibly a higher cost entirely new well.