3Legs Resources PLC has decided to relinquish the 221,000-acre Dabie-Laski concession in Poland without drilling a well and will consider options for its Bytom-Gliwice and Glinica-Psary concessions, which also require drilling.
The company determined after reviewing 2D and 3D seismic that it has insufficient data to justify a well on Dabie-Laski within the timeframe specified in the license.
The company shot 50 sq km of 3D seismic on Bytom-Gliwice and Glinica-Psary earlier this year. Each requires a well by August 2013. Bytom-Gliwice covers 184,000 acres and Glinica-Psary 256,000 acres.
3Legs Resources holds six Baltic basin licenses that total 1.084 million gross acres on which the primary targets are organic-rich black shales of Lower Paleozoic age.
Alan Petzet is Chief Editor-Exploration of Oil & Gas Journal in Houston. He is editor of the Weekly E&D Newsletter, emailed to OGJ subscribers, and a regular contributor to the OGJ Online subscriber website.
Petzet joined OGJ in 1981 after 13 years in the Tulsa World business-oil department. He was named OGJ Exploration Editor in 1990. A native of Tulsa, he has a BA in journalism from the University of Tulsa.
