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San Leon Completes Third Poland Shale Well

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San Leon is pleased to announce the successful completion of its third shale gas exploration well in Poland’s Baltic Basin. The Talisman Energy operated Szymkowo-1 well, on the Szczawno Concession in Poland, has been drilled to a depth of 4,551 meters. During drilling, continuous gas shows were encountered over more than 600 meters of the lower Silurian and Ordovician shales. The gas shows consisted of C1-C3 and are consistent with a potentially wet gas system. The strongest gas shows were encountered in the Lower Silurian and Ordovician interval, which is estimated to be over 100 meters thick combined. Several intervals had significant gas shows which the Company believes are related to natural fracturing and possible over-pressure.

315 meters of continuous core were taken in the well to…

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