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    UPI: Polish shale gas future bright for BNK Petroleum

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Summary

BNK Petroleum President Wolf Regener is positive on shale gas in Poland following results from exploratory drilling results in the Gapowo B-1 well.

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Press Notes

UPI: Polish shale gas future bright for BNK Petroleum

BNK Petroleum President Wolf Regener said Tuesday he was "very excited" about the results from a Polish shale natural gas operation.

BNK, which has headquarters in California, said the 285,000 acres it controls in Poland have "good potential to produce natural gas." It said Tuesday exploratory drilling results in the Gapowo B-1 well were positive and the company was anticipating a production test later this year.

"In Poland, I am very excited that we have confirmed our original discovery in the Gapowo B-1 vertical well," Regener said in a statement.

The company said a separate 285,000 acres has the potential to produce natural gas, but has a "higher associated risk."  MORE