Gas is produced from shallow Miocene reservoirs and is sold via a dedicated automated facility directly into the high pressure Hungarian gas pipeline network. Production from PEN-101 and PEN-105 commenced at full flow rates in late May 2010 and continued for the remainder of 2010. We expect the fields to produce for a couple of years before the decline rate leaves them commercially unviable.
Ascent interest: 48.776%
Ascent subsidiary: PetroHungaria kft
