San Leon Energy Updates Poland Shale Gas Activity
San Leon Energy has provided a status report on its shale gas operations in Poland.
Gdansk W, Braniewo and Szczawno Concessions
The Baltic Basic 2D seismic programme, over the Gdansk W, Braniewo and Szczawno Concessions, was completed in June 2011. The company successfully acquired 480 km of 2D data. The programme was completed with a perfect HSE (Health, Safety and Environment) performance. A drilling rig has been booked for 1 August 2011, which will be used to drill three back-to-back wells.
Nida Concession
At the its 100% held Nida Concession, Geofizyka Krakow completed 120 km of high quality 2D seismic over the in May 2011. The data has been interpreted and confirmed three high potential structures on trend with the prolific Grobla and Plowice oil fields. A San Leon subsidiary, Vabush Energy, plans to drill two of these prospects commencing in July/August 2011.
Nowa Sol Concession
Acoustic Geophysical has started the acquisition of 165 km2 of 3D seismic on the 100% owned Nowa Sol Concession. The survey is currently 20% complete and is seeking to delineate numerous prospects and leads along the southern Fore Sudetic Monocline of the Permian Basin. This survey is designed to support an upcoming drilling campaign in the Nowa Sol Concession which is currently planned to start in Q4 2011
Wschowa, Gora, Winsko and Rawicz Concessions
Work is ongoing in the Carboniferous shale play across the Wschowa, Gora, Winsko and Rawicz Concessions (San Leon 100%). The Company continues to evaluate the existing core and well data in preparation for the first exploration well in the area which is planned for Q4 2011. Core analysis is being performed by TerraTek (Schlumberger) and the Polish Oil & Gas Institute in Krakow. Petrophysics on the existing well logs has been performed by NuTech.
Szczecinek Block 106
Interpretation and prospect evaluation is ongoing at the Szczecinek Block 106. San Leon and its partner, Gas Plus, are looking at further studies including a regional core study to evaluate the paleogeography and continued evaluation of the newly acquired 3D survey. Gas Plus, the operator of the licence, are likely to delay drilling until 2012 (from Q3 2011) due to internal planning considerations. San Leon holds a 50% interest in the Szczecinek Block 106
Source: San Leon Energy