San Leon Announces Tight Oil Discovery in Poland

San Leon Energy, a leadering player in the development of Poland nascent shale gas industry, provided the country's resouce sector with news of a announces tight oil discovery.

The drilling was targeting the Main Dolomite trend in the Southern Permian Basin and reached a depth of 1,167 meters.

“Initial evaluation of the results from core and wireline logging results indicate the primary target in the Zechstein Main Dolomite is highly fractured and contains moveable oil. Oil was recovered to the surface during initial clean out of the well.” – the company informed.

"It is very encouraging to be able to report oil in our first well on the Main Dolomite trend in Poland that resulted from our own 3D seismic survey and interpretation on the Nowa Sol Concession.” – commented the Executive Chairman Oisin Fanning – “We will only know the oil production potential and recovery rates once the well is completed, cleaned up and tested but are excited because the fractured nature of the Main Dolomite offers significant upside in the play.".

San Leon said that the final completion of the well will incorporate an electrical submersible pump to continue to clean out the well and maximize oil flow rates during production.

Testing of the well will be continued in the next few weeks. According to the note published on the company’s webpage: “well completion is being designed for near-term commercial production from the well.”

The positive news at Nowa Sol follows July's discovery of shale gas at San Leon's Szymkowo-1 well in the Baltic Basin

San Leon plans to move the rig to drill the Czaslaw-SL1 well, the second well in the Nowa Sol Concession. This well is also intended to test the Main Dolomite.