Aurelian, Kulczyk Team Up For Poland JV
Kulczyk is 13.77% shareholder in Aurelian. Aurelian will operate all licenses that the partnership co-invests into, with KI bringing significant capital and strong downstream and gas commercialization capabilities to the venture.
Nexen Talks 2012 Development Plans; Capital Budget
Cash flow from operations is expected to be between $2.8 billion and $3.3 billion assuming current prices (Brent: $110/bbl, WTI: $95/bbl); this represents cash flow per share of $5.30 to $6.30.
BNK Petroleum Plans Initial Drilling Of Premier Polish Shale Well
A drilling rig has been contracted to begin drilling the first well on the company's Indiana concession blocks in the 1st quarter 2012.
BNK Petroleum Fracture Stimulates Polish Shale Wells
The company has reported that fracture stimulations were performed on both the Cambrian and Ordovician intervals in the Lebork S-1 well which did not enable an effective test of the two shales.
Poland's Stelmach: Nation Fully Supports Shale Gas Development
Undersecretary of state says exploration is in a growth mode.
PKN Orlen Spins Bit At Premier Shale Gas Well In Syczyn
PKN ORLEN was awarded the license for hydrocarbon exploration, including exploration for unconventional gas in the region of Lublin, in 2007.
Aurelian Bolts On Interest In Polish Shale Concessions
On completion of the transaction, Aurelian's interest in both concessions increases from 35% to 45%.
San Leon Energy Spins Bit At Belvedere Well In Poland
San Leon Energy: Polish Shale To Be The Most Profitable
Poland Expects Shale Gas Production By 2014
With a drilling rig in the background, Polish Prime Minister Donald Tusk recently touted the benefits of shale gas production, which should begin commercial production by 2014.