Poznan East Concessions The Poznan East Concessions contain a single gas field, Siekierki, on which four wells were drilled on the Poznan East Block between 1972 and 1986. All of these wells produced some hydrocarbon-rich gas on test, but at low, mainly unquantified rates.
Today, he says of Palomar: “Our focus is on conventional, lower risk, high return oil and gas in Poland. We think that conventional prospects, as I thought when I first got to Poland, have a huge upside and that we are committed to developing this trend.”...............
According to him, water disposal is one of the potential issues that the company is working to mitigate in Siekierki.
With operations in Poland and North America, thus far Palomar has drilled four wells in the US, two of them successful and two pending completion, plus its well in Poland. Now, Dr. Buggenhagen reports, the company has the money to prove concept, after which it will receive more equity capital and likely go out and raise funds to proceed.
siekierki bookable reserves. rawicz and its all gunna be happenin..
its these that genuine holds want and they are being worked on and will happen..
barry will happen oil still present..
avobone 13m sle wont be paying that much..appeal case to be reviewed in 9/12 months...in that time sle will have production/income on stream...which is what genuine holders want and the company are working toward..
if the oil price keeps increasing..other assets will come back into play..
shale aint dead and we have lewino to look forward to as well as scincy..
we have onshore conventional gas and oil projects to look forward to..
we have onshore oil shale news of sorts..but proven to produce oil for the the shale which is fact..
we have various farm outs to come..
all in the mix of thing sle and for a little company has great potential at these prices..
its these things that genuine holders are looking forward to no matter what the no nowts say.. sle are moving on with all intention toward production, and the non holders with all their barrage of scaremongerin etc etc aint gunna stop it..
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