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Country summary: Hungary

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Hungary - recent news

09 Mar 20
Hungary: JKX announces sale of non-core assets
JKX Oil & Gas has agreed terms for the sale of the entire share capital of its wholly owned Hungarian subsidiary, Folyopart Energia KFT (Riverside Energy KFT), to Starhol Holding for a cash consideration of US$2.9 million. Riverside holds a number of Hungarian mining plots and a production facility. It is not currently producing hydrocarbons.
24 Jan 19
Hungary: Sand Hill Petroleum awarded three hydrocarbons concessions in the Pannonian Basin
Sand Hill Petroleum has been awarded three exploration concessions totaling 3,047 sq km in the Pannonian Basin in Hungary.

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