High-quality, 100% ownership, large gas-condensate field in southern Hungary

Favorable macro-scale economic conditions in Europe - industry leading returns projected

​Highly experienced management team, proven track record of value creation via the drill-bit

Hungary's E&P advantage - pro industry regulations, leading fiscal terms and outstanding gas market

Proven resource base supports over 50 wells within a mature basin

Running room and scale from recent addition of contiguous exploration concession