As oil prices hit record highs, governments everywhere are on the look-out for cheap, reliable sources of power.
Hungary is no exception, but in Wildhorse Energy (LON:WHE, ASX:WHE) the country may have found a solution.
The Australian and AIM-listed company describes its business as turning unwanted and uneconomic coal fields into highly valuable gas assets.
Hungary has a lot of disused coal fields, which offer plenty of potential to the company.
It is currently focused on an area in the south of the country at Mecsek Hills.
Proactive Investor
No comments:
Post a Comment