JKX Oil & Gas awarded further three Hungarian production licences (Scandinavian Oil-Gas Magazine)

JKX Oil & Gas awarded further three Hungarian production licences

Published Jan 22, 2016

JKX Oil & Gas plc has been granted a further three 35-year production licences (mining plots) covering an additional area of approximately 124 sq km within its original Hernad I & II exploration licence areas. The licences are wholly owned by JKX's Hungarian subsidiary company.

The Emod V production licence extends over 100 sq km and includes the Mezokeresztes Field which is believed to contain significant undrained reserves. The field was shut-in during the 1970's and up to 90% of the mapped oil originally in place (circa 15 MMbbl) remains in-situ.

Tags: JKX Oil & Gas plc

Advertisment:

Comments on this page are closed.

+ Larger Font | + Smaller Font

Top Stories

New Chief Executive Officer of Aker Energy Feb 23, 2018 Jan Arve Haugan has been appointed as Chief Executive Officer of the newly established oil company Aker Energy, effective 1 March 2018. Haugan is currently the President & CEO of Kværner ASA.

Rystad Energy - Borr Drilling takes charge of the jackup market

Borr Drilling Goes From Empty-Handed to the Largest Jack-Up Driller In Just 16 Months Feb 23, 2018 “It is remarkable what Tor Olav Troim has achieved in such a short amount of time. Going from two jack-ups in December 2016 to becoming the largest jack-up provider...” says Oddmund Føre, vice president of oilfield service research at Rystad Energy.

Borr Drilling Takes Over Paragon Offshore to Expand MODU Fleet Feb 23, 2018 Borr Drilling’s acquistion of Paragon Offshore will create a USD 3.57 billion MODU fleet.

Southwest Research Institute (SwRI) - IMSF2

SwRI to Host Inaugural International Multiphase Flow Separation Symposium Feb 23, 2018 Southwest Research Institute is bringing together oil and gas industry experts for the International Multiphase Flow Separation Symposium (IMFS²), to be held April 25-26, 2018, at SwRI’s headquarters...

[ In North Sea Rim ]

Rex International Holding Maps Out Value Creation Strategy for Norway

Skarfjell Development Concept Submitted

Oil Discovery in the Filicudi prospect in the Southern Barents Sea

Chrysaor Acquires Asset Package from Shell

UKEF Supports GE Oil & Gas Contract with Major Energy Project in Ghana

JKX Oil & Gas awarded further three Hungarian production licences

Related links

[ In North Sea Rim ]