DAFORA announces spud of first well in Hungary 16 January 2013

Dafora S.A., leader of the Romanian drilling market, is pleased to announce the spud of the first exploration well in Szeged area, Hungary, for the company RAG Kiha Ltd.
The well will reach a depth of over 2.000 m and will be drilled with an Italian modern and competitive rig on international level.

This well is included in a drilling program for a period of 1 year (with the possibility to extend) that entails drilling of firm and optional wells.

The presence in the Hungarian market completes Dafora's portfolio with regard to the rich international experience represented by the projects in Uganda, Tanzania, Sudan, Mozambique, France, Bulgaria and Ukraine, as well as the future works in Israel that will commence at the beginning of this year.

Contracting important projects abroad is further on possible by implementing Dafora's strategy that focuses on increasing the efficiency and effectiveness of the company, in conjunction with the high level of the human and technical resources. We are glad we succeed in being present in the international market, this representing a proof of our professional services being appreciated in the field industry.

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