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San Leon announces well completion in Baltic Basin

Oilfield Technology,

San Leon has announced the successful completion of its first shale gas exploration well in the Baltic Basin. The Talisman Energy operated Lewino 1G-2 well, on the Gdansk W Concession in Poland, has been drilled to 3600 m. During drilling continuous gas shows were encountered over more than 1000 m in the middle and lower Silurian shales, Ordovician, and upper Cambrian. Gas shows consist of methane (C1) with a small percentage of ethane, propane, butane, and pentane (C2-C5+).

Evaluation and interpretation of the core and logs is expected to take 3 - 4 months in preparation for continued operations later in 2012.

Following completion of the well for potential future operations Talisman will move the rig to the Braniewo Concession to start drilling the Rogity-1 well, which will be immediately followed by a well in the Szczawno concession.

OisinFanning, Chairman of San Leon commented, “ The next step is to evaluate the geological data in preparation for the next phase of our project; to prove the viability of commercially producing the huge quantity of gas from the Baltic Basin.

The upcoming wells in the Braniewo and Szczawno concessions will further bring San Leon towards its goal of becoming one of the leading unconventional gas producers in Europe.”

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