Commencement of drilling (9361R)
November 11 2011 - 4:52AM
UK Regulatory
TIDMSLE
RNS Number : 9361R
San Leon Energy PLC
11 November 2011
11 November 2011
San Leon Energy Plc
("San Leon" or the "Company")
Exploring for Carboniferous Unconventional Gas in Poland -
Siciny-2 Well Spuds
San Leon is pleased to announce that the Siciny-2 well has spud
in the SW Carboniferous Basin of Poland. The well is located in the
company's Gora Concession (San Leon 100%) 70 km to the southeast of
the city of Zielona Gora. The well is designed to test the
unconventional gas potential of the Carboniferous sediments, which
are believed to be the source rock for the significant gas
production in the overlying Permian Rotligendes and Zechstein
formations in Poland. The well is planned to reach a total depth of
3,500 metres and has been designed as a stratigraphic test which
will include an estimated 400 metres of core and an advanced
geological and geophysical evaluation program. The company
currently has no plans to do any significant flow testing of this
well. Based on the results of the well the Company will plan
further evaluation and drilling in the region in 2012.
For further information contact:
San Leon Energy Plc Tel: + 353 1291 6292
Oisin Fanning, Executive Chairman
Dr John Buggenhagen, Exploration
Director
Macquarie Capital (Europe) Limited Tel: +44 (0) 20 3037
2000
Paul Connolly
John Dwyer
Arbuthnot Securities Tel: +44 (0) 20 7012
Antonio Bossi 2000
Richard Johnson
College Hill Associates Tel: +44 (0) 20 7457
2020
Nick Elwes
www.sanleonenergy.com
Qualified person
John Buggenhagen, who has reviewed this update, has over 15
years experience in the oil & gas industry. He has a Ph.D. and
M.Sc. in Geophysics from the University of Wyoming and a B.Sc. in
Geophysics from the University of Arizona. He is currently the
Director of Exploration for the San Leon Energy Group and based in
San Leon's Warsaw office in Poland.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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