Operational Updates
BNK Prepares To Drilling First Trzebielino Concession Well
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BNK Petroleum Inc., provides the following operational update:
Poland
Building of the location for the first well on the Trzebielino concession has commenced and drilling is expected to begin by the end of February, 2012. After completion of the first Trzebielino well, the rig is scheduled to move to the first Bytow concession drilling location. The Trzebielino and Bytow concessions are 100% held by Indiana Investments Sp z o.o., a wholly owned indirect subsidiary of the Company. The Company is projecting that these two wells will encounter even richer and thicker organic shales than its Saponis Lebork S-1 well encountered. The Company’s technical evaluation indicates that the Ordovician on the Trzebielino and Bytow concessions was deposited in a deeper basin…
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