OilVoice - DualEx Energ Updates Drilling Activities in Hungary

DualEx Energ Updates Drilling Activities in Hungary

Friday, September 04, 2009

DualEx Energy International Inc. announces that drilling operations have concluded at the Company's PEN-105 location in northeast Hungary and casing is being run with completion and production testing to commence within the next week. The well came in on prognosis with the reservoir sections coming in 20 metres high to the original Pen-12 well which tested gas from the Miocene volcaniclastic reservoir section.

DualEx CEO Garry Hides commented that "The drilling results to date of the Pen-105 well confirm the 3D seismic interpretation and we look forward to the upcoming testing phase of the program.”

DualEx holds a 37.5% interest in the Penészlek Project through its equity interest in PetroHungaria kft. Other partners are Ascent Resources (45.23%), Geomega (8%), Leni Gas & Oil (7.27%) and Swede Resources (2%).