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Talisman starts test drilling on Kujawsko-Pomorskie concession


2012-03-09



Talisman Energy (TE), a Canadian oil and gas exploration and production company, on 6 March started drilling a test well on its shale-gas concession in Szymkow near Brodnica in the Kujawsko-Pomorskie voivodship. It aims to core and drill to a total depth of 4,200 metres, which will take about 60 days. Initial test results are expected in September 2012. The cost of the project is estimated to be near the upper end of the typical range of $9-12m (€6.8-9.1m) for test wells.

Talisman has three shale-gas concessions in Poland with a total area of 2,500 m2. Test drilling has already been completed on the two remaining ones, West Gdansk and Braniewo.

The concessions were originally owned by San Leon Energy of Ireland. In March 2010 San Leon signed a joint venture agreement with Talisman that gave the Canadian firm a 60% interest in each of the three concessions.



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