Cuadrilla Sees Major Potential in Polish Shale Concession

Cuadrilla Resources has announced the award of the Pionki Exploration Licence in Poland.

The licence in east-central Poland covers an area of 207,372 acres (827.42 km²), in the greater Lublin Trough/Radom-Krasnik High.

The northern half of the licence (Lublin Trough) is composed of Devonian and Carboniferous shales and tight fractured carbonates in the 3,000 to 5,000 metre range. The southern half of the licence (Radom-Krasnik High) is mapped to have both Silurian and Devonian shales and tight fractured carbonates in the 2,500 to 4,000 metre range.

“We are pleased to be awarded this important exploration licence,” said Francis Egan, Cuadrilla’s chief executive. “The Pionki licence in Poland will complement our ongoing exploration activities in the UK, Holland, and Hungary/"

Cuadrilla will  be undertaking a 150km 2D seismic program which is expected to be completed in the first quarter of 2013.