San Leon Energy says that Palomar plans to spud a well on Rawicz in Q4 2014. New three-well drilling programme to begin in the Karpaty area and Permian Basin, Poland; rig secured and first well to spud in mid-September.

◾ The planned Lewino horizontal shale well in the Gdansk W concession is in final engineering, awaiting the results of ConocoPhilips/3Legs and BNK testing of similar wells in the Baltic Basin ◾ Timahdit oil shale in Morocco produced first oil during Enefit Bench Tests ◾ The Nour prospect, offshore Morocco, targeting 300 MMboe, is currently being drilled as announced on 31 July 2014 ◾ As part of its asset optimisation strategy, the Company has exited Germany and Slovakia. In Poland, nine concessions have been partly or fully relinquished, while the Company has also relinquished the Tarfaya oil shale licence in Morocco, where the Timahdit licence offers greater oil shale potential.

Tags: San Leon Energy