Game Changing
Opportunity for Hungary
Transitioning from being a country that depends on imported natural gas to one that is self-sufficient in energy production can be a game-changer for any nation. Unlocking the HPHT tight gas resources of the deep Pannonian Basin, a geologic "Super Basin", provides such an opportunity for Hungary.
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Charting new frontiers, CanCambria via its appraisal of the Kiskunhalas Trough, hopes to help Hungary meet its domestic natural gas needs.
FUELING TODAY,
PRESERVING TOMORROW
Kiskunhalas Project
Tight-Gas Sand Appraisal and Development
The Pannonian Basin in southern Hungary is an area of great potential for the development of large scale deep tight gas sandstone reservoirs. Many shallow oil and gas fields define this proven, mature petroleum province, although the deeper basin fills (>2500m) have until now attracted little attention. With supply under threat, the existing pipeline infrastructure with readily available take-away and storage capacity throughout the region now supports the exploration, appraisal and development of this natural resource.
Tight Gas in Hungary
SZEGED
BUDAPEST
DERRECEN
SOPRON
VESZPRÉM
PÉCS
SZOLNOK
SALGOTARJÁN
MISKOLC
Land position
Our strategic position in Kiskunhalás
CanCambria controls a 100% working interest over a large contiguous land position comprising 32,500 acres that covers the core of a prospective deep tight gas resource.
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Legacy Deep Wells
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Kiha I (1988)
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Kiha D-I (1989) Type well-thick pay
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BA-E1 (2008) with Frac/Flow Test
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CanCambria owns 100% working interest in BA-IX mining plot, with a resource that carries a 98% net royalty interest.
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Mining License: 135 km2 (100% WI)
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Mining License
Project area
10 Km
Legacy Deep Wells
Technology
Our strategic position in Kiskunhalas
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Geology
Beauty of Kiskunhalas
The Kiskunhalas Trough is a Miocene age sedimentary basin that contains the right combination of mature source rock beds, and stacked reservoir geo-bodies, within a large continuous over-pressure trap. A working petroleum system is proven by three deep wells that tested gas and significant high API condensate. Our Kiskunhalas project aims to commercialize this discovery.
Resources
A potential game changer for Hungary
We believe over the next 10 years our 100% owned Kiskunhalas project could become a significant contributor to the EU natural gas supply and energy security of Hungary.
* Contingent Resources refer to the estimated quantities of potash, as of a specific date, that could potentially be extracted from known deposits using current or emerging technologies.
Contingent Resources are not yet considered commercially viable and are not classified as reserves because of the unpredictability of future potash prices, market fluctuations, the outcome of early-stage extraction efforts, or other factors, which need to be addressed to confirm commercial feasibility. There is no guarantee that any part of these resources will be commercially viable for production. The Development Pending category of contingent resources has a reasonable likelihood of future commercial extraction.
Direct Field Analog
(2)
(3)
(4)
(1)
(1) Uplift & high sedimentation Islands and axial fans
(2) High subsidence low sedimentation deepwater basin
(3) Low subsidence high sedimentation Fan deltas wrapping arround fault tip
(4) High subsidence high sedimentation aggrading footwall- sourced fan deltas and stacked turbidite lobes. Axial drainage
Granite Wash, Anadarko Basin, USA
The "Granite Wash" tight gas liquids play in East Texas and Oklahoma produces over 2 Bcf gas per day, with individual well IPs commonly greater than 10 MMcf/d. The play represents a similar geologic setting with stacked fault margin fan deltas shedding sediment off mountainous flanks, into the basin foredeep.
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Although of differing age, many subsurface metrics can be benchmarked and well performance used to help refine the uncertainty and risk associated with the Kiskunhalás project.
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The thick pay section and stacked, discontinuous nature of the reservoir makes the Granite Wash ideal for both vertical and horizontal drilling that makes the play a strategic North American asset.
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