Realm awarded Poland shale gas concessions

June 17, 2010
Realm Energy International Corp., Vancouver, BC, was awarded interests in three shale concessions in Poland that target gas in Silurian, Ordovician, and Cambrian shales.

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.