San Leon Energy PLC Spudding of Gieraltowice Well (2661X)
18 November 2014 - 6:00PM
UK Regulatory
TIDMSLE
RNS Number : 2661X
San Leon Energy PLC
18 November 2014
18 November 2014
San Leon Energy PLC
Spudding of Giera towice Well
San Leon Energy, the AIM listed company focused on oil and gas
exploration in Europe and North Africa, announces that it has
spudded the Giera towice well, which is the second well being
drilled in the Karpaty area in Poland.
The Giera towice prospect is on the Bielsko-Bia a concession in
Karpaty and is targeting 4 Bcf of mid-case recoverable gas in two
target reservoirs - the Upper Carboniferous sandstone being the
primary target with the Lower Carboniferous limestone as a
secondary target. San Leon Energy holds 60% and is operator of the
concession, with PGNiG holding the remaining 40%.
The drilling of the well is expected to be completed in the next
few weeks, with any well testing occurring immediately
afterwards.
Qualified person
Joel Price, who has reviewed this update, has 20 years'
experience in the oil & gas industry and is a member of the
Society of Petroleum Engineers. He holds a BA in Natural Sciences
from Cambridge University, an MEng from Heriot-Watt University, and
an MBA from Durham University. Joel is Chief Operating Officer for
San Leon Energy and is based in San Leon's London office.
For further information contact:
San Leon Energy plc
Oisin Fanning, Executive
Chairman +353 1291 6292
finnCap Ltd
Corporate Finance
Matt Goode
Christopher Raggett
Corporate Broking
Elizabeth Johnson +44 (0) 20 7220
Joanna Weaving 0500
Fox-Davies Capital Limited
Daniel Fox-Davies
Oliver Stansfield +44 (0) 20 3463
Jonathan Evans 5000
Macquarie Capital (Europe)
Limited
Jon Fitzpatrick +44 (0) 20 3037
Nicholas Harland 2000
Westhouse Securities Ltd
Nominated Adviser
Richard Johnson +44 (0) 20 7601
Antonio Bossi 6100
Vigo Communications
Financial Public Relations
Patrick d'Ancona +44 (0) 20 7016
Chris McMahon 9572
Plunkett Public Relations
Sharon Plunkett +353 (0) 1 280 7873
www.sanleonenergy.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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