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SLGYF San Leon Energy PLC (CE)

0.30
0.00 (0.00%)
28 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
San Leon Energy PLC (CE) USOTC:SLGYF OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.30 0.00 01:00:00

San Leon Energy: First Shale Gas Well Successfully Drilled

17/11/2011 9:35am

Dow Jones News


San Leon Energy (CE) (USOTC:SLGYF)
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Oil and gas explorer San Leon Energy PLC (SLE.LN) said Thursday it has taken a step closer to proving the commercial viability of producing gas from the Baltic Basin in Poland, after its first shale gas exploration well in the Baltic Basin in Poland was successfully drilled.

San Leon Chairman Oisin Fanning said: "The successful drilling and data gathering at the Lewino 1G-2 well is a significant milestone for San Leon and our partnership with Talisman Energy."

The Talisman Energy Inc. (TLM) operated well, on the Gdansk West Concession in Poland, was drilled to 3,600 meters. San Leon said an evaluation of the core and logs is expected to take three to four months in preparation for continued operations later in 2012.

Shares at 0900 GMT were flat at 13.8 pence in a slightly lower Alternative Investment Market, down 0.6%

-By Iain Packham, Dow Jones Newswires; 44-20-7842-9269; iain.packham@dowjones.com

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1 Year San Leon Energy (CE) Chart

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