Poland: Shale acreage acquisition completed

By OGJ editors
HOUSTON, Feb. 21
-- LNG Energy Ltd., Vancouver, BC, said its Kaynes Capital S.a.r.l subsidiary completed the acquisition of shale gas acreage in Poland.

Kaynes Capital acquired a 50% interest in Joyce Podlasie LLC and a 50% interest in Maryani Podlasie LLC from Source Energy Partners LP for $4 million. Joyce indirectly holds an undivided 100% interest in the Ilawa concession, and Maryani indirectly holds an undivided 100% interest the Wegrow concession in Poland.

Joyce and Maryani total 360,000 acres and increase LNG’s net Polish shale gas acreage by 180,000 acres. The acquisition gives LNG Energy a gross acreage position in Poland of 1.1 million gross acres in five concessions and 326,000 net acres.

Related Articles

SHELL HOMES IN ON TROLL FIELD DEVELOPMENT

01/08/1990 Norske Shell will recommend to partners that Troll gas field in the Norwegian North Sea be developed using multiphase flow pipelines and onshore pr...

WASHINGTON TO DETERMINE OCS LEASE SALE SCHEDULE

01/08/1990 Patrick Crow Washington Editor The U.S. government will make critical decisions on the future of Outer Continental Shelf leasing this year. And it ...

ENVIRONMENTAL CONCERN OUTWEIGHS ACTION ON ENERGY IN CONGRESS

01/29/1990 Patrick Crow Washington Editor U.S. environmental issues will continue to outweigh energy concerns in this session of Congress. And the environment...

NEW SITES SHOULD REFIRE PARADOX INTEREST

02/05/1990 John C. McCaslin Exploration Editor There are more growing signs of renewed exploratory interest in the Paradox basin of the Four Corners region. C...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected