Lane Energy: Update on Łebień LE1 well

Mr. Kamlesh Parmar, Country Manager - Lane Energy Poland Sp.z o.o, today confirmed to Natural Gas for Europe, that the #1LE Lebien well had reached total depth.

The Łebień LE1 well, located in the onshore Baltic Basin region of northern Poland, is targeted at the Silurian and Ordovician shales.

Lane Energy Poland is the operator, in association with ConocoPhillips.

In August 2009, Lane, a subsidiary of 3Legs Resources plc., entered into an agreement ConocoPhillips, under which the parties will jointly evaluate the potential of Lane Energy Poland’s six Baltic Basin licences covering an area of ~1 million acres (approximately 4,000 square kilometres).

Source: 3Legs Resources