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Name | Symbol | Market | Type |
---|---|---|---|
Mol Magyar Olay Es Gazipari Rt (PK) | USOTC:MGYOY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 3.828 | 3.71 | 4.10 | 0.00 | 13:55:27 |
Hungarian energy group MOL.Nyrt (MOL.BU) is planning to intensify exploration in the Kurdistan region of Iraq and is investing more than $100 million there next year, the company said Wednesday.
MAIN FACTS:
-MOL currently has two rigs operating in the Akri-Bijeel block found in the Kurdistan region of Iraq.
-The company is planning to establish four new appraisal wells in the region next year.
-As a result of earlier exploration works between 2007 and 2009, MOL identified three to five hydrocarbon prospects in the Akri-Bijeel Block.
-The test results of the exploration wells are expected in the second half of 2012.
-Budapest Bureau, Dow Jones Newswires, +36-1-267-0622; budapest@dowjones.com
1 Year Mol Magyar Olay Es Gazip... (PK) Chart |
1 Month Mol Magyar Olay Es Gazip... (PK) Chart |
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