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BNK Petroleum Inc. has reported an update on its Polish operations.
In Poland, the government has approved a new ordinance which streamlines the permitting process to drill wells as deep as 5,000 meters.
The ordinance is expected to be put into effect in the next two weeks.
Once the ordinance is in place, the Company will apply to the Ministry of the Environment for the concession modification which would allow the drilling of the Gapowo horizontal re-entry as well as all other vertical wells scheduled in its Concession commitments.