The 2nd Algyo well in Hungary is another bust:

"Well testing operations on Besa-D-1 are now completed. The testing of two sand intervals, both part of the tight turbiditic sequence in the lower Algyo Formation at depths of 2,976 meters to 2,986 meters and 2,960.5 meters to 2,970 meters, indicated that well production did not meet commercial rates."

And still quite a while to wait for Beetaloo:

"Spudding of the first well is expected in mid-2015 subject to weather conditions as the wet season ends."

http://finance.yahoo.com/news/falcon-oil-gas-ltd-interim-070000976.html

jmo