San Leon Regulatory News (SLE)



Regulatory News for San Leon (SLE)


Share Price: 8.15Bid: 8.11Ask: 8.15Change: 0.00 (0.00%)No Movement on San Leon
Spread: 0.04Spread as %: 0.49%Open: 7.50High: 8.37Low: 7.50Yesterday’s Close: 8.15





Spudding of Szymkowo-1 Well

Thu, 8th Mar 2012 07:00

RNS Number : 9196Y
San Leon Energy PLC
08 March 2012
 

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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

Richard Johnson

Antonio Bossi

 

 

 

 

Tel: +44 (0) 20 7601 6100

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
 
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Related Shares: San Leon Energy (SLE).




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