@河幸恍┬畔
Hungary
In the NI51-101 RESOURCE EVALUATION REPORT ON THE MAKÓ TROUGH PROPERTY, HUNGARY (PDF) Here is the link for you. You might have to cut and paste it into your address bar...........
http://www.falconoilandgas.com/Falcon_Final_report.pdf
It states on page 3-5 the estimated prospective resources for the Mako and Tisza licenses are as follows,
LOW ESTIMATE - 4.1 TCF
BEST ESTIMATE - 11.7 TCF
HIGH ESTIMATE - 27.1 TCF
_____________________________________________________________________
Romania
On the Falcon Oil & Gas website in the projects section under Romania, here is the link.................
http://www.falconoilandgas.com/romania.php
It states, "The prospect is large, with a gross acreage of approximately 21,500 acres (34 sections) and a potential gas resource estimated to be in the order of 450 Billion cubic feet"
So looking at the two, Hungary is a far bigger elephant then Romania.
But Romania`s 450 Billion cubic feet is nothing to sneeze at.
They already drilled the first well in Romania and are now enlarging the hole to run production casing. Which was in the last PR........
http://www.stockhouse.com/news/news....911725&tick=FO
So I would expect results from Romania are just around the bend, soon to be followed by updates on Hungary.
Have a great weekend everyone.
Regards
JR