BNK Updates Caney, Polish Shale Ops
The company's fifth Caney well, the Barnes 7-2H, was successfully fracture stimulated in 85% of the lateral and, while early in the flowback phase, has averaged approximately 520 barrels a day of oil and 230 barrels of oil equivalent per day (BOEPD) of natural gas and natural gas liquids (NGLs) over the last four days.
Poland May Alter Shale Gas Draft After Consulting Investors
The ministry’s proposals last year for a state-run fund to participate in exploration ventures raised objections among investors searching for the fuel as well as other cabinet members.
Europe Needs More Environmental Study On Shale Gas
Concerns about the environment are among the key reasons holding back the development of the shale gas industry in Europe, where some countries have moratoriums on drilling.
San Leon Buys Turkish Assets, Sells Shares To Fund Polish Shale
The $4 million deal will give San Leon a stake in 16 conventional oil licenses in Turkey and should generate $3 million a month for the company from next year.
FX Energy Begins Drilling Gorka Duchowna-1 Well, Reports Two Additional Wells To Start
The Gorka Duchowna-1 well is located in the northwest quadrant of the 240,000 acre Block 246 concession, where FX Energy is the operator and holds a 100% interest.
FX Energy Provides Update On Current Operations In Poland
Site preparation is underway and a drilling contractor has been selected for the Lisewo-2 well.
FX Energy Reports Plawce-2 Test Results
The Polish Oil and Gas Company, PGNiG SA, is the operator and owns 51% of the working interest in the Fences concession, which covers 850,000 acres or 1,647 square kilometers; FX Energy owns 49% of the working interest.
FX Energy's Tuchola-3K Well Flows Gas
The company plans to collect the final data from the downhole pressure gauges and finish completing the well for production.
FX Energy Reports Higher First Quarter Production, Revenues
Unlike the U.S., demand for natural gas exceeds domestic Polish supplies and Poland imports most of the natural gas it uses.
FX Energy Details Test Programs For Polish Wells
X Energy is the operator and owns 100% of the working interest in the Tuchola well and the four Edge concession blocks, which cover 880,000 acres or 3,567 square kilometers.