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.