3Legs Pushes Forward With Sasino Shale Program

ConocoPhillips and 3Legs Resources agreed to proceed with further drills and tests to assess flow rate potentials of the Sasino shale in Northern Poland. 

“From our technical analysis of the results to date, and drawing on our experience of a number of North American shale plays, ConocoPhillips believes that, through our holding in Lane Energy Poland, we hold some of the best acreage in the Polish Baltic Basin. We have proven that these shales are capable of sustained gas flow. Through our planned exploration programme we have the opportunity to more thoroughly assess the potential commerciality of this prospective acreage,” Larry Archibald, Senior VP Exploration at ConocoPhillips, commented.

The two companies agreed to include in the current drilling programme a long-length lateral well, to be stimulated with a multi-stage treatment and then tested for up to 90 days.  The lateral well, most likely to be drilled in the Sasino formation, should be completed by October 2014. 

“The programme is consistent with our strategy to focus the Group clearly on our western Baltic Basin concessions… We remain firm believers in the potential for a successful shale gas project in Poland and in the prospectivity of our acreage,” Kamlesh Parmar, Chief Executive of 3Legs Resources, said in a note released on Wednesday. 

3Legs Resources’ primary target remains the Sasino (or Ordovician O3) horizon, while the Piasnica horizon remains an important secondary objective.