Company Presentation - Proactive Investors
Company Presentation - Proactive Investors
Company Presentation - Proactive Investors
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Recent History<br />
• Currently undertaking a four month work programme to de-risk the portfolio<br />
and provide opportunities for value creation in 2010<br />
• Active drilling programme – last four all successful:<br />
• PEN-05 well in Hungary – testing complete, due on production in February 2010<br />
• GH-1 well in Hungary – successfully tested, due on production in March 2010<br />
• PEN-04AA well in Hungary – gas from logs, testing to continue in January 2010<br />
• Fontana 1 geological appraisal well in Italy – currently drilling<br />
• 3-D seismic programme<br />
• Petisovci field in Slovenia – acquisition complete, data processing in progress<br />
• Filovci field in Slovenia – acquisition just completed<br />
• Lovaszi seismic planned for April 2010<br />
• New Hungarian project<br />
• Agreed terms with MOL for joint operations at Lovaszi in south western Hungary,<br />
adjacent to the Petisovci project<br />
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