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Folyopart Energia KFT

Folyopart Energia KFT has been engaged in the exploration and production of hydrocarbons in Hungary since its founding in 2008. The company holds exploration rights for hydrocarbon production across four blocks: Hajdúnánás-IV, Emőd -V, Hajdúnánás-V, and Tiszavasvári-IV, where active operations have been underway since 2010. Additionally, the company holds rights for geothermal energy on the Mezőkövesd and Polgár sites.

A major drilling initiative began in 2024, with one new well already completed, revealing potential for unconventional gas reserves. Another well is expected to be completed in 2024.

In 2025 it is planned to drill three more wells on Tiszavasvári-IV field. Overall, the project at Tiszavasvári-IV field will explore and develop three prospective structures: Upper Bench, Lower Bench, and Volkswagen. The project is aimed at extracting significant volumes of unconventional natural gas and condensate.

The Board is currently building a local team in Hungary, with a mid-to-long-term goal of establishing a mid-sized energy company in Central and Eastern Europe.

Additionally, the Board is exploring the geothermal potential of its sites in Hungary.

Miljenko Čimić

Chief Executive Officer

Partner with JKX

To create a company that would generate stable profit, implement leading-edge worldwide technologies and contribute to Ukraine’s energy independence.