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BNK's Polish Well Hits Gas-Rich Shale; Details Log Data

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BNK's Polish Well Hits Gas-Rich Shale; Details Log Data

BNK Petroleum Inc. has reported an update on its Polish shale gas project.

Gapowo B-1 Well

The vertical Gapowo B-1 well had encountered over-pressured, gas charged, organic-rich shales in the Lower Silurian and Ordovician intervals. While drilling the vertical well the average and maximum total gas readings were much higher than those seen in the Company's other Baltic Basin wells. The analysis of the log and core data leads the Company to believe that the Lower Silurian and Ordovician shales are highly prospective for shale gas as the shales have good total organic carbon, porosities and permeabilities.  The Company's geological work indicates that these characteristics are likely to extend over a significant portion of the Company's Baltic Basin acreage.

Gapowo Concession Modification

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