SmallCapNews | Matra begins drilling at its Pamuk-1 well in Hungary

Search Site

Latest News

Features

Company Profiles

About

Matra begins drilling at its Pamuk-1 well in Hungary

22 May 2008

Matra Petroleum, the oil and gas exploration and production company working in Central Europe and Russia has spudded the Pamuk-1 well on the Inke Concession in South West Hungary.

Pamuk-1 is the first of the two-well 2008 exploration programme in Hungary on the Inke Concession, where Matra has is operator and has a 40pc interest.

Peter Hind, the company’s MD said: “Pamuk-1 will test a structure, highlighted by the 2007 3D-seismic programme. It exhibits a strong Direct Hydrocarbon Indicator (DHI). Success has the potential to add significant value and reduce risks on future drilling.”

The other well in the programme is Polany -1. The total cost of the two well programme is $5 million gross ($2 million net to Matra).

Industry Sector

Oil & Gas Exploration & Production

Relevant Companies

For more company information click below:

Matra Petroleum plc

Headlines

» Nineteen wells to watch - update

31 August 2010

» Cladhan appraisal exceeds expectations

30 August 2010

» Oil & Gas Round-Up: 27 August

27 August 2010

» Oil & Gas Round-Up: 20 August

20 August 2010

» Rockhopper Exploration looks to Sea Lion flow test after Ernest duster

18 August 2010

» Oil & Gas Round-Up: 13 August

13 August 2010

» Nighthawk Energy on the trail of defamers

09 August 2010

» Oil & Gas Round-Up: 6 August

06 August 2010

» Oil & Gas Round-Up: 30 July

30 July 2010

» PetroNeft Resources expecting first oil production in late August

29 July 2010

» Nineteen second half 2010 exploration wells to watch

28 July 2010

» Argos Resources raises £22 million to join Falkland Islands exploration party

27 July 2010

» Petroceltic drilling in Tunisia and Algeria in second half of 2010

26 July 2010

» Smaller explorers enjoying exploration success in 2010

23 July 2010

» Oil & Gas Round-Up: 23 July

23 July 2010

» Faroe Petroleum makes it two discoveries in 2010 in Norway

22 July 2010

» Rockhopper Exploration mobilises rig to drill Ernest prospect

21 July 2010

» Insider traders in Tower Resources shares caught by FSA

19 July 2010

» Oil & Gas Round-Up: 16 July

16 July 2010

» Falkland Oil & Gas says Toroa is dry

12 July 2010

» Oil & Gas Round-Up: 9 July

09 July 2010

» Tower Resources moving ahead in Namibia and Uganda

08 July 2010

» Nighthawk Energy discloses Jolly Ranch shale report

07 July 2010

» GeoPark continues strong run of drilling success

06 July 2010

» Catcher delivers more good news

05 July 2010

» Oil & Gas Round-Up: 2 July

02 July 2010

» Rockhopper Exploration discovers oil

06 May 2010

» Thanks for your support

13 April 2010

» SmallCapNews is calling it a day…

24 March 2010

» PetroNeft spuds first Russian production well ahead of schedule

23 March 2010

» Ovoca Resources lifted by results of retesting programme at Oleninskoye deposit

23 March 2010

» Patagonia Gold cheered by latest gold-silver intercepts at Cap-Oeste South East

23 March 2010

» Platinum Australia releases latest drilling results from Rooderand project

23 March 2010

» Orsu Metals reports new resource estimates for Taldybulak and Karchiga

23 March 2010

» Northern Petroleum secures interest in Dutch production licence

23 March 2010

» Nighthawk Energy maintains focus on increasing production

23 March 2010

» Tower Resources stays committed to Uganda for another two years

23 March 2010

» FTSE Small Cap companies show restraint on executive pay

22 March 2010

» Circle Oil frustrated as Moroccan rains disrupt plans for drilling programme

22 March 2010

» Coal of Africa launches development work at Vele coal project

22 March 2010

» Frontier Mining secures licence extension in Kazakhstan

22 March 2010

» Bolero Resources acquires option over land close to rare earths discovery

22 March 2010

» Central China Goldfields to press ahead with Bullabulling gold project

22 March 2010

» Cove Energy reports additional gas pay in successful Windjammer well

22 March 2010

» Northern Petroleum wraps up 3D seismic survey offshore Sicily

22 March 2010

» Forte energy reports more high grade assays from Bir En Nar uranium project

22 March 2010

» Gulfsands Petroleum set to acquire interests in Tunisia and Italy

22 March 2010

» EnCore Oil agrees asset sale to Egdon and eyes new acquisition opportunities

22 March 2010

» Global gas glut could force Gazprom to refocus on Asian markets

19 March 2010

» US Oil & Gas targets explosive potential of Nevada acreage

19 March 2010

» See all News

Features

» Nineteen wells to watch - update

31 August 2010

» Nineteen second half 2010 exploration wells to watch

28 July 2010

» Smaller explorers enjoying exploration success in 2010

23 July 2010

» Thanks for your support

13 April 2010

» SmallCapNews is calling it a day…

24 March 2010

» FTSE Small Cap companies show restraint on executive pay

22 March 2010

» Global gas glut could force Gazprom to refocus on Asian markets

19 March 2010

» US Oil & Gas targets explosive potential of Nevada acreage

19 March 2010

» Renewables deal-making takes bigger slice of power sector M&A

18 March 2010

» Damage done by Nigeria’s contentious oil bill may be tough to undo

16 March 2010

» Investor view: Why I am still backing Nighthawk Energy

15 March 2010

» Cost of listing on AIM continues to rise despite IPO slump

12 March 2010

» Businesses face bribery shock as new laws make corruption rules tougher

11 March 2010

» International Oil & Gas Rig Count: February 2010

08 March 2010

» Iraqi elections likely to fuel tension in battle for Kirkuk’s oil reserves

05 March 2010

» Yemen urged to think harder on options for post-petroleum era

05 March 2010

» See all Features

Round-Ups

» Oil & Gas Round-Up: 27 August

27 August 2010

» Oil & Gas Round-Up: 20 August

20 August 2010

» Oil & Gas Round-Up: 13 August

13 August 2010

» Oil & Gas Round-Up: 6 August

06 August 2010

» Oil & Gas Round-Up: 30 July

30 July 2010

» Oil & Gas Round-Up: 23 July

23 July 2010

» Oil & Gas Round-Up: 16 July

16 July 2010

» Oil & Gas Round-Up: 9 July

09 July 2010

» Oil & Gas Round-Up: 2 July

02 July 2010

» Mining Week: 19 March

19 March 2010

» Oil & Gas Round-Up: 19 March

19 March 2010

» Mining Week: 12 March

12 March 2010

» Oil & Gas Round-Up: 12 March

12 March 2010

» Oil & Gas Round-Up: 5 March 2009

05 March 2010

» Mining Week: 5 March 2010

05 March 2010

» Crude oil hits ceiling in week as hedge funds attack Euro

28 February 2010

Popular

» Nineteen wells to watch - update

31 August 2010

» Nineteen second half 2010 exploration wells to watch

28 July 2010

» Cladhan appraisal exceeds expectations

30 August 2010

» Oil & Gas Round-Up: 27 August

27 August 2010

» Steve Remp and the rise of SeaEnergy plc

04 December 2009

» Rockhopper Exploration looks to Sea Lion flow test after Ernest duster

18 August 2010

» Oil & Gas Round-Up: 30 July

30 July 2010

» Petroceltic drilling in Tunisia and Algeria in second half of 2010

26 July 2010

» PetroNeft Resources expecting first oil production in late August

29 July 2010

» Oil & Gas Round-Up: 20 August

20 August 2010

» Oil and gas companies set for M&A boost in 2010

01 February 2010

» Orsu Metals reports new resource estimates for Taldybulak and Karchiga

23 March 2010

» Tower Resources moving ahead in Namibia and Uganda

08 July 2010

» Insider traders in Tower Resources shares caught by FSA

19 July 2010

» Argos Resources raises £22 million to join Falkland Islands exploration party

27 July 2010

» Nighthawk Energy on the trail of defamers

09 August 2010

© SmallCapNews | Contact Us | Terms of Use | RSS Feeds

Site by LunarSafari