DualEx Energy International Inc., announces the completion of construction and installation of the gas treatment facility and start-up of gas production from the PEN-104 well in the Penészlek area of the Nyírség permits in Hungary. The well is currently producing 1.7 MMcf/d (million cubic feet per day) through a 6 mm choke at a wellhead pressure of 1334 psi. The Company expects flow rates to be ramped up over the next several days as well performance dictates. The PEN-104 well was drilled in late 2006 and the produced gas, after metering at the PEN-104 facility, is transported by pipeline to the MOL gas processing facility at Hajdúszoboszló.
DualEx has a 37.5% interest in the project through its equity interest in PetroHungaria kft. Other partners are Ascent Resources (45.23%), Geomega (8%), Leni Gas & Oil (7.27%), and Swede Resources of (2%).
Future plans for the Nyírség exploration permits (614,000 gross acres) include the recording of a 3D seismic survey in the Penészlek area with the objective of developing additional drill targets, along with the eventual tie-in of other currently
suspended wells.
DualEx Energy International Inc. is an oil and gas exploration company with operations in the greater Mediterranean area. DualEx’s common shares trade on the TSX Venture Exchange under the symbol "DXE".










