3Legs Resources: Update on Lebien LE-2H Horizontal Well

3Legs Resources plc has announced the completion of 13-stage hydraulic fracture stimulation programme on Lebien LE-2H horizontal well.

The company said that the frac programme was executed using the 'plug and perf' method and was carried out in full compliance with all applicable health, safety and environmental requirements.

3Legs said that the well is now being prepared for testing, which may include flaring of natural gas.

The company stated that the hydraulic fracture treatment on the Lebien LE-2H well is believed to be the first multi-stage hydraulic frac stimulation of a horizontal shale gas well in Poland and consequently represents a further milestone in the evaluation of the hydrocarbon potential of the lower Palaeozoic shales in the Polish Baltic Basin.

Operations are continuing on the Warblino LE-1H horizontal well and an announcement relating to this well is expected to be made shortly.

Peter Clutterbuck, Chief Executive of 3Legs Resources, said:

"We are pleased to have successfully completed the multi-stage hydraulic fracture treatment of the Lebien LE-2H well as planned.  This was, to the best of our knowledge, the first multi-stage hydraulic fracture treatment of a horizontal shale gas well in Poland.

We look forward to the results of the well test programme later this year.  The results of this well have the potential to advance significantly our understanding of the shale gas potential of the lower Palaeozoic shales in the Polish Baltic Basin."

Source: 3Legs Resources