Germany: Seismic to follow shale sample analysis

Feb. 17, 2011
BNK Petroleum Inc., Camarillo, Calif., is awaiting the analysis of samples collected in the second phase of field work completed in 2010 on six concession blocks in Germany.

By OGJ editors
HOUSTON, Feb. 17
– BNK Petroleum Inc., Camarillo, Calif., is awaiting the analysis of samples collected in the second phase of field work completed in 2010 on six concession blocks in Germany.

Bidding has been initiated for seismic operations planned for the second half of 2011. BNK expects to shoot 30-50 line-km of 2D seismic on each of the six blocks, likely starting with the North Rhine Westfallia blocks on acreage offsetting Exxon.

The company’s 2.4 million acres in Germany were acquired primarily for shale gas, but some of the blocks also have secondary potential for tight gas sands and coalbed methane.