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San Leon Energy to start drilling on two wells, unveils JV deal – MoneyWeek

9月 15, 2020 by     No Comments    Posted under: 狗万官方网站首页

SanLeonalsoannouncedthatithasformedajointventure(JV)withCeltiqueEnergiePoland,withaviewtojointlydevelopingtheexistingCeltiqueconcessions。

SanLeonwillacquirea50%workinginterestintwoPolishconcessions,namelyBlock243andLaski,foracommittedworkprogrammeincludingacquiringtwonew3Dseismicsurveysontheconcessions,aswellascommittingtodrillingawellinBlock243targetingthePermianMainDolomite。

SanLeonwillbecometheoperatingpartneronBlock243,whichspans236,480acres。

Thecompanyhastheoptiontoparticipateina50%shareoftheproposedwellcoststoretainitsinterestintheconcession,otherwiseitwillrelinquishitsinterestinLaski,whichcoversanareaof60,047acres。

OisinFanning,ChairmanofSanLeon,said:InconjunctionwithdrillingthetwoexplorationwellsinNowaSolthisisagreatdealforbothSanLeonandCeltique。

ItexposesSanLeontoadditionalhighqualityexplorationacreageinPolandontrendwithupcomingprojects,andgivesCeltiqueaccesstoSanLeonsprovenoperatingcapabilities,includingNovaSeisinPoland。

ThisdealfurthersolidifiesSanLeonscommitmenttodevelopingsignificantoilandgasreservesinPolandinthenearterm。

NR

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