Pogo to Begin Hungarian Drilling Program

In August Pogo is set to start drilling the first few wells of a nine well 2003-2004 exploratory drilling program in Hungary. Pogo is the operator and 100%-owner of some 780,000-license acres in central and southern Hungary.
BR> At least two wells in the Tompa license area and two more in the central Hungary Szolnok area will be drilled in 2003. Permitting continues on these and future drilling prospects in a continuous program which should carry over into next year.