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Realm awarded Poland shale gas concessions

By OGJ editors
HOUSTON, June 17
-- Realm Energy International Corp., Vancouver, BC, was awarded interests in three shale concessions in Poland that target gas in Silurian, Ordovician, and Cambrian shales.

Realm has 100% interest in the Gniew concession on 294,296 acres in the Baltic depression 70 km south of Gdansk. The exploration program requires seismic reprocessing and shooting 100 line-km of 2D seismic.

Source Energy Partners, a private Denver shale company, and Realm hold the other two concessions 50-50.

The llawa concession covers 161,109 acres 134 km southeast of Gdansk. Minimum exploration program is for reprocessing seismic and shooting 50 line-km of 2D seismic. Firms that hold adjoining acreage include San Leon Energy PLC-Talisman Energy Inc., Marathon Oil Corp., and Lane Energy-Conoco.

The Wegrow concession is on 180,136 acres in the Podlasie basin in southeastern Poland 70 km northeast of Warsaw. Minimum work program is shooting 50 line-km of 2D seismic and drilling a well to 2,750 m within 3½ years. Silurian shales may lie at optimal depths for maturity and gas recovery, with total organic carbon) measured by the Polish Geological Institute at 1% to 17%.

ExxonMobil Corp., EurEnergy Resources Corp., and Cuadrilla Resources Holding Ltd. have licensed lands adjacent to Wegrow for hydrocarbon exploration.


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