The well was spudded in the framework of the Corvinus Project, a scheme undertaken by a joint venture established with state-owned energy group MVM to boost domestic gas production from an annual 1.5 billion to 2 billion cubic meters using alternative extraction technologies.
The drilling of a second well at the Nyékpuszta field will start in days.
In a separate announcement, MVM said it is partnering in the 50%-50% JV with Horizon General, a unit of U.S.-based Aspect Holdings.
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