The Görbehàza-1 (GH-1) gas discovery is awaiting the construction of an export pipeline.  Gas is reservoired in shallow Pannonian sands and there are other exploration targets in both Pannonian clastics and deeper Miocene tuffaceous formations.  The GH-5 well is planned to be drilled in March 2010.

Ascent Interest           20.167 %

Ascent subsidiary       PetroHungaria kft