From 16 to 24 October 2017, O&G Development Central Kft (OGD), subsidiary of Sand Hill Petroleum B.V., drilled and abandoned sidetrack of of new-field wildcat SzentlorinckÃ¡ta 1 - SzentlorinckÃ¡ta 1ST - in the NagykÃ¡ta concession in central Hungary. The well, solely drilled by OGD, failed to reach the planned depth and was plugged.  SzentlorinckÃ¡ta 1ST is located in the central part of the block. The 551 sq km NagykÃ¡ta permit is located in the JÃ¡szâNagykunâSzolnok and Pest political provinces, some 45 km east of the capital city of Budapest, within the Paleogene Sub-basin, tectonic unit of the Pannonian Basin.  The well, drilled as vertical, had a planned final depth of 2,288 m, with the targets likely in the Triassic and Palaeozoic (basement) series.  OGD drilled new-field wildcat SzentlorinckÃ¡ta 1 from 2 to 16 October 2017 and abandoned the well at a depth of 2,160 m.  Background Information  The NagykÃ¡ta concession was granted to OGD on 15 February 2016 as a result of Hungaryâs 2015 tender call (preliminary award was revealed in late November 2015). The contract is valid for twenty years from the effective date, with possible one, 10-year extension.
O&G Development Central Kft (OGD), subsidiary of Sand Hill Petroleum B.V., drilled and abandoned sidetrack of of new-field wildcat SzentlorinckÃ¡ta 1 - SzentlorinckÃ¡ta 1ST - in the NagykÃ¡ta concession in central Hungary results n/a.