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Talisman to drill two shale gas wells in 2012 in programme worth "tens of $ millions"


2011-11-25



Talisman Energy (TE), a Canadian oil and gas exploration and production company, plans to invest "tens of millions of US dollars" in prospecting for shale gas in Poland next year, Tomasz Maj, General Manager of Talisman Energy Polska, told reporters on 24 November.

The company, which earlier this year started drilling its first test well in Lewino near Gdansk, wants to begin test drilling at its two other concessions in Poland, in Braniewo and Szczawno (also in the northern part of the country) in 2012. Meanwhile, the results of test drilling at the Lewino site are due to be known in spring of 2012.

Talisman has a 60% interest in each of the three concessions, with the remainder held by San Leon Energy of Ireland.

A report by the US Energy Information Administration (EIA) published in April 2011 put Poland’s recoverable shale gas reserves at approximately 5.3 billion cubic metres, the largest among 32 European countries covered by the study.



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