Wednesday, February 25, 2015

We will, however, another Kuwait? – Interia

We will, however, another Kuwait? – Interia

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San Leon Energy has achieved a” very positive “test results borehole Rawicz-12 / Press Release

San Leon Energy said in a statement that it has reached a “very positive” test results Rawicz-12 borehole. The Company expects that it will be possible commercial production. In the afternoon, San Leon Energy shares listed on the London Stock prices rose by 45 percent.

The company reports that gas first appeared on February 5. Test mining is to be completed by the end of the month.

In Poland annually produces more than 4 billion cubic meters of blue fuel. According to the Polish Geological Institute in the country is about 145 billion cubic meters of proven conventional beds.

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We have warehouses full of gas. Polish Oil and Gas Company announces that it is in their nearly 2 billion 700 million cubic meters of blue fuel.

– They will have an even greater capacity than before – said the company’s vice president Zbigniew Skrzypkiewicz .

This may include magazines Kosakowo and Mogilno. In total, they will be stored over a billion cubic meters of gas.

In addition, they are working on two other sites in south-eastern Poland. It’s about Husów and Brzeźnica. In the coming years – gradually until 2022 – the capacity has to be increased by nearly 800 million cubic meters (up to 3 and a half billion cubic meters.). Then, if needed, they can be even more powerful.

This action is part of a policy to increase the energy security of the country.

Where to find information about the money from EU funds?

Source of information:  IAR

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