Spudding of Szymkowo-1 Well (9196Y)

TIDMSLE

RNS Number : 9196Y

San Leon Energy PLC

08 March 2012

8th March 2012

San Leon Energy Plc

("San Leon" or the "Company")

Szymkowo-1 Well Spuds on Szczawno Concession, Baltic Basin, Poland

San Leon Energy is pleased to announce that it has spud the Szymkowo-1 well on its Szczawno Concession in the Baltic Basin, Poland. The well, which is operated by Talisman Energy Poland, is designed to test the deep unconventional gas potential of the Lower Silurian, Ordovician and Upper Cambrian. This is the third well in the initial three well program in the Baltic Basin with Talisman. The Szymkowo-1 well will be the southernmost and deepest penetration of the Paleozoic section in the Baltic Basin.

Oisin Fanning, Chairman of San Leon, commented:

"As we continue to understand the geology of the Paleozoic section in the Baltic Basin we are excited to move to the southern portion of the basin and test the deeper zone which we believe to have very high potential for gas."

For further information contact:

 
 San Leon Energy Plc                  Tel: + 353 1291 6292 
 Oisin Fanning, Executive Chairman 
 Macquarie Capital (Europe) Limited   Tel: +44 (0) 20 3037 
                                       2000 
 Paul Connolly 
  John Dwyer 
 
  Westhouse Securities                 Tel: +44 (0) 20 7601 
  Richard Johnson                      6100 
  Antonio Bossi 
 College Hill Associates              Tel: +44 (0) 20 7457 
                                       2020 
 Nick Elwes

www.sanleonenergy.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

DRLBRGDXRDGBGDR

San Leon Energy (LSE:SLE)
Historical Stock Chart
From Jun 2024 to Jul 2024