Exploration & Production
BNK Petroleum Updates Oklahoma, Polish Shale Ops
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BNK Petroleum Inc. has reported the following update on its operations in Oklahoma and Poland.
PolandThe Company, through the Company’s wholly owned subsidiary Indiana Investments Sp. z o.o., has received additional data on the whole core from the Gapowo B-1 well from the third party contractors. The Gapowo B-1 core data in the table below validates the Company’s geologic model of increasing thickness and organic content over the Lower Silurian/Ordovician target interval.
Detailed inspection of the whole core revealed numerous fractures, believed to be caused by the overpressure, and are consistent with the gas isotope analyses which also indicated over pressured, permeable shales.
These analyses are also consistent with the very high gas readings observed while drilling the Gapowo B-1…
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