Spudding of Szymkowo-1 Well

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: [phone]
Paul Connolly John Dwyer Westhouse Securities Richard Johnson Antonio Bossi	Tel: [phone]
College Hill Associates	Tel: [phone]
Nick Elwes

www.sanleonenergy.com

 

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