MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság (BUSE:MOL) entered into a sale and purchase agreement to acquire Gas Plant And Upstream Assets In Eastern Hungary from O&Gd Central Kft on December 17, 2024. The current production is around 1.1 mboepd and the mining plots are hosting multiple drillable exploration opportunities. Related infrastructure has considerable synergy potential with other MOL assets in the region.
The transaction is subject to regulatory approvals and is expected to close in the first half of 2025.