Britain's 3Legs Resources discovers shale gas in Lebien well as 1st in Poland.

By bne IntelliNews June 22, 2011
Britain's 3Legs Resources plc, a company focused on the exploration of unconventional oil and gas resources which debuted on London's Alternative Investment Market (AIM) later this month, has drilled and cased the Lebien LE-2H horizontal well in northern Poland, where it discovered shale gas, the firm has announced. "We are pleased to have finalised the drilling and casing of our first horizontal well which is, to the best of our knowledge, the first horizontal shale gas well to be drilled in Poland," the firm's CEO Peter Clutterbuck said. The LE-2H well will shortly be made ready for an extensive well stimulation programme, scheduled to take place in Q3/2011, following which the well will be put on test, the firm also reported. 3Legs Resources has acquired six exploration and prospection licences covering approximately 1,084,000 acres (gross) in the onshore Baltic Basin. The company also holds three onshore exploration licences over acreage near Krakow in southern Poland and two licences in Baden-Wrttemberg in south-west Germany. Poland is the country with Europe's biggest deposits of this unconventional gas - the U.S. Energy Information Administration (EIA) estimates them at 187tr cubic feet (or around 5.3tr cu.m.). Poland's annual natural gas consumption is around 14bn cu.m. The environment ministry has issued nearly 90 shale gas exploration licenses for US concerns including Exxon Mobil, Chevron, Maraton, ConocoPhillips, Canada's Lane Energy as well as Poland's PGNiG and PKN Orlen. Within three years, at least USD 1.5bn is expected to be spent on seeking this type of unconventional natural gas in Poland. tom

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