Project 8 statements
The deposit 4
Key takeaway. Management describes the Can Cambria deposit as a deep tight gas accumulation with liquids, hosted in stacked vertical intervals within Miocene-age rocks (11 to 15 million years old) at around 2,000 to 3,000 metres depth.
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The company reports about 750 billion cubic feet of gas net risk recoverable across a roughly 4,500-acre footprint, with revenue expected to be about two-thirds from gas and one-third from liquids. The CEO also noted potential for 50 to 100 drilling locations on that acreage as exploration upside.
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Jurisdiction 2
Key takeaway. Management says the company's project is in Hungary, specifically the Kiskunhalas concession area (May 2026).
Technical risk 2
Key takeaway. Management says the company's key technical assumption is that 3D seismic and legacy well data demonstrate an operating petroleum system with gas-to-surface testing.
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However, they identify the distribution and fairway continuity of the resource as a risk, and note that the well drilling cost—about $15 million per well—has been the single largest impediment to date.
Economics 3 statements
Economics 2
Key takeaway. Management reports capex of around $15 million US per well and a break-even price of around $4 per MMBTU.
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However, the company says the project needs prices in the 7-8-9-10 range to be commercially viable, with both figures stated as of May 2026.
Financing 1
Timeline 2 statements
Timeline 2
Key takeaway. Management reports the company listed in October 2024 and is targeting its first two wells to be drilled following a joint venture farm-out process.
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The company initially gave six months to secure a strategic partner; management now expects that timeline will be closer to 12 months, with a goal to drill over the next 18 months — pointing to around May 2026.
Corporate 2 statements
Management 2
Key takeaway. Management says the Can Cambria Energy team brings relevant industry experience.
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CEO Paul Clark is a petroleum geologist with close to 25 years in the industry, having served as subsurface director at Pioneer Natural Resources on the Eagle Ford and Permian Basin and drilled several thousand vertical and horizontal wells. The company also reports that COO P Bach, a former Shell/Maul employee, has Hungary operating and execution experience.
Sources 2 interviews
Every interview 2
| Date | Channel | Interview | Statements |
|---|---|---|---|
| 19 May 2026 | Crux Investor | CanCambria Energy (TSXV:CCEC) - 750 Bcf Hungary Gas Play Targets EU Supply Gap | 15 |
| 20 Mar 2026 | Commodity Culture | 'No Buffer' To Stop ENERGY From Soaring as Hormuz Choked and War Escalates | No claims identified |
What else those interviews covered
Every other asset named in the same recordings, by how many of them named it — the company's coverage context, not its holdings. Where the name is another company we hold a record for, it links to it.
Questions people ask
What is Can Cambria Energy's project and where is it?
Can Cambria Energy is a explorer natural gas company. Everything here is drawn from its executives' own interviews.
Which interviews mention Can Cambria Energy?
We track 2 interviews mentioning Can Cambria Energy, across 2 channels (Commodity Culture, Crux Investor).
What are investors saying about Can Cambria Energy?
No independent commentary is on record yet — so far the page carries only the company's own voice.
What do recent interviews with Can Cambria Energy cover?
The most-discussed topics on record are the deposit, economics, timeline, jurisdiction — each claim quoted and dated in the sections above.