3Legs Resources, a company focussed on the exploration and development of unconventional oil and gas resources with a particular focus on shale gas in Europe, reports the following drilling update.
The Company has drilled and cased the Lebien LE-2H horizontal well, drilled from the same location as its earlier Lebien LE-1 vertical test well. Drilled to a total measured depth of 4,080 metres, the Lebien LE-2H well includes a horizontal section of approximately 1,000 metres, which was successfully placed within a 5 metre target zone within the organic-rich lower Palaeozoic shales. The well encountered high gas saturations throughout the horizontal section.
Logging of the horizontal section has been carried out and the well has been cased to surface. Data from the well supports the Company's existing regional geological interpretation.
The Lebien LE-2H well will shortly be made ready for an extensive well stimulation programme, scheduled to take place in the third quarter of 2011, following which the well will be put on test. The drilling rig, which will not be required for the well stimulation and test programme, will now move to a new location for the Company's Warblino LE-2H horizontal well on its Damnica licence, scheduled to spud in the third quarter of 2011.
Peter Clutterbuck, Chief Executive of 3Legs Resources, said,"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."
"We are very encouraged by the excellent gas shows encountered while drilling this horizontal well and we look forward to the results of the well stimulation and test programme later this year."
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