Exploration & Production
BNK Petroleum Provides Poland and Mississippi Lime Update
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BNK Petroleum. announced today that the Gapowo B-1 well, on the Bytow Concession in Poland held by its 100% owned subsidiary, Indiana Investments Sp. z o.o. ("Indiana"), has been drilled to a depth of approximately 4,300 meters. Two separate concession modifications were applied for and approved to deepen and allow the Silurian, Ordovician and Cambrian Alum shales to be accessed in both the Gapowo B-1 and the Miszewo T-1 wells.
During the drilling and coring of the Gapowo B-1 well, over pressured shales were encountered in the Lower Silurian and Ordovician. Substantially higher gas readings were regularly recorded in the target intervals than those in the previously drilled wells on the Company’s Saponis concessions. The average total gas readings were over 20 times higher and maximum…
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